{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-008711","form_type":"8-K","ticker":"WTI","cik":"0001288403","company_name":"W&T OFFSHORE INC","filed_at":"2025-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.222215+00:00","generated_at":"2026-05-27T03:55:31.847269+00:00","sec_items":["1.01","1.02","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"W&T Offshore issues $350M 10.750% senior second lien notes due 2029, enters new $50M credit facility","bullets":["Issued $350M in 10.750% senior second lien notes due Feb 1, 2029; interest payable Feb 1 and Aug 1 starting Aug 1, 2025.","Entered new $50M revolving credit facility with Texas Capital Bank, maturing July 28, 2028; margins SOFR+3.75% to 4.75%.","Terminated prior credit facility and prior term loan; redeemed all outstanding 11.750% senior second lien notes due 2026.","Notes secured by second-priority liens on substantially all oil and gas properties; effectively subordinated to credit facility.","Credit facility requires quarterly prepayment and hedging if revolving exposure exceeds $20M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-008711","json":"https://secwatch.observer/filing/0001104659-25-008711.json","markdown":"https://secwatch.observer/filing/0001104659-25-008711.md","text":"https://secwatch.observer/filing/0001104659-25-008711.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288403/000110465925008711/0001104659-25-008711-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288403/000110465925008711/tm254674d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:55:31.847269+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}