{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-074240","form_type":"8-K","ticker":"AHT","cik":"0001232582","company_name":"ASHFORD HOSPITALITY TRUST INC","filed_at":"2023-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.200552+00:00","generated_at":"2026-06-13T17:39:10.400591+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ashford Hospitality Trust amends Oaktree credit agreement; extends DDTL availability, eases restricted payment covenants","bullets":["DDTL commitment expiration extended to July 7, 2023; up to $100M available for 12 months ending July 7, 2024 subject to 9% unused fee.","Restricted payments (including preferred stock dividends) now permitted without maintaining $100M+ unrestricted cash.","Default on certain pool mortgage loans no longer counts against $400M Mortgage Debt Threshold.","A $415M mortgage loan deemed to have $400M principal for threshold purposes.","At least 50% of Exit Fee under Credit Agreement to be paid as cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-074240","json":"https://secwatch.observer/filing/0001104659-23-074240.json","markdown":"https://secwatch.observer/filing/0001104659-23-074240.md","text":"https://secwatch.observer/filing/0001104659-23-074240.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1232582/000110465923074240/0001104659-23-074240-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1232582/000110465923074240/tm2319071d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:39:10.400591+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":"3f8f27faabe2c733859868ad82314dc982f28125","claim":"ASHFORD HOSPITALITY TRUST INC amended Amendment No. 2 to the Credit Agreement with the Lenders and the Administrative Agent (Oaktree Fund Administration, LLC) (effective 2023-06-21).","evidence_excerpt":"On June 21, 2023, Ashford Trust and the Borrower entered into Amendment No. 2 to the Credit Agreement (“ Amendment No. 2 ”) with the Lenders and the Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1232582/000110465923074240/0001104659-23-074240-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"the Lenders and the Administrative Agent (Oaktree Fund Administration, LLC)"},{"label":"Effective","value":"2023-06-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}