{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-042078","form_type":"8-K","ticker":null,"cik":"0001895316","company_name":"Brightwood Capital Corp I","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.534396+00:00","generated_at":"2026-06-17T06:04:55.141694+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Brightwood Capital subsidiary enters $100M credit facility with KeyBank","bullets":["BCCI SPV-1, LLC, a wholly owned subsidiary, entered a $100M credit agreement with KeyBank as initial lender.","Advances bear interest at SOFR + 2.85% initially, stepping up to SOFR + 3.35% after initial period.","Facility matures March 30, 2028; proceeds used to acquire portfolio investments.","Unused commitment fee ranges from 0.35% to 0.75% based on utilization.","Credit agreement includes customary covenants and events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-042078","json":"https://secwatch.observer/filing/0001104659-23-042078.json","markdown":"https://secwatch.observer/filing/0001104659-23-042078.md","text":"https://secwatch.observer/filing/0001104659-23-042078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1895316/000110465923042078/0001104659-23-042078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1895316/000110465923042078/tm2311279d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T06:04:55.141694+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c43289eeca935a4458852230db2a9dec5a007c9","claim":"Brightwood Capital Corp I incurred credit facility of $100,000,000 with KeyBank National Association at SOFR plus 2.85% per annum maturing March 30, 2028.","evidence_excerpt":"KeyBank, in its capacity as the initial lender under the Credit Agreement, has agreed, subject to the terms and conditions set forth in the Credit Agreement, to provide advances to BCCI SPV in the total amount of $100,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895316/000110465923042078/0001104659-23-042078-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$100,000,000"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Rate","value":"SOFR plus 2.85% per annum"},{"label":"Maturity","value":"March 30, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8ba2bd7d712f28f9cbbdda53787a34d9f6e05431","claim":"Brightwood Capital Corp I entered into Credit Agreement with KeyBank National Association valued at $100,000,000 (effective 2023-03-30).","evidence_excerpt":"Effective as of March 30, 2023 (the “Closing Date”), BCCI SPV-1, LLC (“BCCI SPV”), a wholly owned subsidiary of Brightwood Capital Corporation I (the “Corporation”), entered into a credit agreement (the “Credit Agreement”) by and among BCCI SPV, Brightwood Capital Advisors, LLC, as servicer (the “Servicer”), the financial institutions from time to time party thereto, as lenders, KeyBank National Association (“KeyBank”), as administrative agent (in such capacity, the “Administrative Agent”) and syndication agent (in such capacity, the “Syndication Agent”), U.S. Bank National Association, as collateral custodian and U.S. Bank Trust Company, National Association, as paying agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895316/000110465923042078/0001104659-23-042078-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Value","value":"$100,000,000"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}