{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-004110","form_type":"8-K","ticker":null,"cik":"0001317630","company_name":"ITC Holdings Corp.","filed_at":"2024-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.744106+00:00","generated_at":"2026-06-06T23:00:25.270312+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"METC issues $85M 5.98% senior secured notes due 2034","bullets":["$85M aggregate principal, 5.98% fixed rate, maturing Jan 16, 2034.","Interest payable semi-annually on Jan 16 and Jul 16; first payment Jul 16, 2024.","Net proceeds to repay revolving credit, fund capital expenditures, and for general corporate purposes.","Notes secured by first mortgage lien on substantially all of METC's real and tangible personal property.","Redemption at make-whole at Treasuries plus 125 bps before Oct 16, 2033, then at par."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-004110","json":"https://secwatch.observer/filing/0001104659-24-004110.json","markdown":"https://secwatch.observer/filing/0001104659-24-004110.md","text":"https://secwatch.observer/filing/0001104659-24-004110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1317630/000110465924004110/0001104659-24-004110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1317630/000110465924004110/tm243273d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:00:25.270312+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":"01c6a5a7ec734da944a881e66a1eda1c2b7b048b","claim":"ITC Holdings Corp. incurred senior notes of $85,000,000 aggregate principal amount with institutional accredited investors at 5.98% per annum maturing January 16, 2034.","evidence_excerpt":"issued $85,000,000 aggregate principal amount of its 5.98% Series B Senior Secured Notes due 2034","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465924004110/0001104659-24-004110-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$85,000,000 aggregate principal amount"},{"label":"Counterparty","value":"institutional accredited investors"},{"label":"Rate","value":"5.98% per annum"},{"label":"Maturity","value":"January 16, 2034"},{"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"}