{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-127320","form_type":"8-K","ticker":null,"cik":"0001517006","company_name":"Gatos Silver, Inc.","filed_at":"2023-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.335341+00:00","generated_at":"2026-06-07T10:31:57.250615+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Gatos Silver enters amended $50M revolving credit facility with $50M accordion, maturity extended to Dec 2026","bullets":["Revolver principal amount of $50.0 million; accordion feature increased to provide up to an additional $50.0 million.","Maturity date extended to December 31, 2026; original facility had shorter tenor.","Interest margin ranges from 2.75%–3.75% (SOFR) or 1.75%–2.75% (base rate) based on leverage ratio.","Covenants include leverage ratio not greater than 3.00x, liquidity at least $20M, interest coverage at least 4.00x.","Facility replaces prior First Amended and Restated Credit Agreement dated December 20, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-127320","json":"https://secwatch.observer/filing/0001104659-23-127320.json","markdown":"https://secwatch.observer/filing/0001104659-23-127320.md","text":"https://secwatch.observer/filing/0001104659-23-127320.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517006/000110465923127320/0001104659-23-127320-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517006/000110465923127320/tm2333174d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T10:31:57.250615+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":"c062e67116d1bd77aa2d696c45866d9a1ab885bf","claim":"Gatos Silver, Inc. incurred revolving credit of $50.0 million with Bank of Montreal, Chicago Branch, as administrative agent at a variable index-based rate per year together with a margin based on the Company maturing December 31, 2026.","evidence_excerpt":"financial institutions from time to time, as lenders. The Restated Credit Agreement continues to provide for a revolving line of credit (the “Revolver”) in a principal amount of $50.0 million while increasing the amount of the Revolver’s accordion feature to provide up to an additional $50.0 million under the Revolver, subject to certain conditions. The Restated","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517006/000110465923127320/0001104659-23-127320-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$50.0 million"},{"label":"Counterparty","value":"Bank of Montreal, Chicago Branch, as administrative agent"},{"label":"Rate","value":"a variable index-based rate per year together with a margin based on the Company"},{"label":"Maturity","value":"December 31, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ed68f24658005c1d14de49c654c437f05a293867","claim":"Gatos Silver, Inc. entered into Restated Credit Agreement with Bank of Montreal, Chicago Branch, as administrative agent, BMO Capital Markets, as bookrunner and mandated lead arranger, and certain financial institutions, as lenders valued at $50.0 million (effective 2023-12-13).","evidence_excerpt":"On December 13, 2023, Gatos Silver, Inc. (the “Company”) entered into a Second Amended and Restated Revolving Credit Facility (the “Restated Credit Agreement”) by and among the Company, certain subsidiaries of the Company from time to time party thereto, Bank of Montreal, Chicago Branch, as administrative agent, BMO Capital Markets, as bookrunner and mandated lead arranger, and Bank of Montreal, Chicago Branch and certain financial institutions from time to time, as lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517006/000110465923127320/0001104659-23-127320-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of Montreal, Chicago Branch, as administrative agent, BMO Capital Markets, as bookrunner and mandated lead arranger, and certain financial institutions, as lenders"},{"label":"Value","value":"$50.0 million"},{"label":"Effective","value":"2023-12-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}