{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-005904","form_type":"8-K","ticker":"WGO","cik":"0000107687","company_name":"WINNEBAGO INDUSTRIES INC","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.302388+00:00","generated_at":"2026-06-06T19:46:54.312165+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Winnebago issues $350M in 3.25% convertible notes due 2030; repurchases $240.7M of 2025 notes","bullets":["$350M aggregate principal of 3.250% convertible senior notes due 2030 issued; initial conversion price $87.93 per share (30% premium to Jan 18 close of $67.64).","$295M of net proceeds used to repurchase $240.7M aggregate principal of its 1.50% Convertible Senior Notes due 2025.","Entered convertible note hedge and warrant transactions (warrant strike $135.28, ~100% premium) to manage dilution.","Net proceeds of $30.5M received from partial termination of existing call spread transactions related to 2025 notes.","Notes mature Jan 15, 2030; interest payable semi-annually starting July 15, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-005904","json":"https://secwatch.observer/filing/0001104659-24-005904.json","markdown":"https://secwatch.observer/filing/0001104659-24-005904.md","text":"https://secwatch.observer/filing/0001104659-24-005904.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/107687/000110465924005904/0001104659-24-005904-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/107687/000110465924005904/tm243871d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:46:54.312165+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":"73cf69925761e06131143bcbd25ec64829b5bfd3","claim":"WINNEBAGO INDUSTRIES INC incurred convertible notes of $350.0 million with U.S. Bank National Association at 3.250% maturing January 15, 2030.","evidence_excerpt":"the Initial Purchasers notified the Company of their election to purchase an additional $50.0 million in aggregate principal amount of Notes pursuant to the Option. A total of $350.0 million in aggregate principal amount of Notes was issued by the Company to the Initial Purchasers on January 23, 2024. The Purchase Agreement includes customary representations,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/107687/000110465924005904/0001104659-24-005904-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$350.0 million"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"3.250%"},{"label":"Maturity","value":"January 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"cf6a2b00e95e113df1ba1375f724f4c6707e074c","claim":"WINNEBAGO INDUSTRIES INC entered into Purchase Agreement with Goldman Sachs & Co. LLC and BMO Capital Markets Corp. valued at $300.0 million initial / $350.0 million after option exercise of 3.250% convertible senior notes due (effective 2024-01-18).","evidence_excerpt":"On January 18, 2024, Winnebago Industries, Inc. (the \"Company\") entered into a Purchase Agreement (the \"Purchase Agreement\") with Goldman Sachs & Co. LLC and BMO Capital Markets Corp., as the initial purchasers (collectively, the \"Initial Purchasers\"), relating to the sale of $300.0 million in aggregate principal amount of the Company's 3.250% convertible senior notes due 2030 (the \"Notes\") to the Initial Purchasers.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/107687/000110465924005904/0001104659-24-005904-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Goldman Sachs & Co. LLC and BMO Capital Markets Corp."},{"label":"Value","value":"$300.0 million initial / $350.0 million after option exercise of 3.250% convertible senior notes due"},{"label":"Effective","value":"2024-01-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}