{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-079157","form_type":"8-K","ticker":"RL","cik":"0001037038","company_name":"RALPH LAUREN CORP","filed_at":"2023-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.971757+00:00","generated_at":"2026-06-13T10:51:53.698072+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ralph Lauren enters into $750M revolving credit facility, matures 2028, replaces existing facility","bullets":["New $750M senior unsecured revolver (expandable to $1.5B) with JPMorgan-led syndicate, matures June 2028.","Facility replaces $750M credit agreement dated August 2019, which was terminated on June 30, 2023.","Proceeds for working capital, capex, acquisitions, and general corporate purposes; includes $50M letter of credit subfacility.","Interest margins tied to credit ratings; SOFR-based loans plus spread (50-100 bps), commitment fee 4-10 bps.","Financial covenant: consolidated debt plus operating lease obligations to EBITDA (incl. lease expense) ratio tested quarterly."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-079157","json":"https://secwatch.observer/filing/0001104659-23-079157.json","markdown":"https://secwatch.observer/filing/0001104659-23-079157.md","text":"https://secwatch.observer/filing/0001104659-23-079157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1037038/000110465923079157/0001104659-23-079157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1037038/000110465923079157/tm2320755d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:51:53.698072+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":"b59d0fc90fdd2fe4f6f93a5954e822208b01550b","claim":"RALPH LAUREN CORP incurred revolving credit of up to $750 million with JPMorgan Chase Bank, N.A. maturing June 2028.","evidence_excerpt":"The Agreement provides for a five-year, with options for extension, senior revolving credit facility in an aggregate amount at any one time outstanding of up to $750 million, including sub-facilities for Letters of Credit.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037038/000110465923079157/0001104659-23-079157-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $750 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Maturity","value":"June 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}