{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-050050","form_type":"8-K","ticker":"GPN","cik":"0001123360","company_name":"GLOBAL PAYMENTS INC","filed_at":"2025-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.581489+00:00","generated_at":"2026-05-21T02:49:59.467713+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Global Payments closes $7.25B revolver; $1.5B tranche deferred to Worldpay close; bridge cut to $6.2B","bullets":["New $7.25B unsecured revolving credit facility; $5.75B available immediately, $1.5B on Worldpay acquisition closing.","Revolver matures in five years with two one-year extension options; margin starts at 1.375% above SOFR for non-base-rate loans.","Bridge loan commitments reduced from $7.7B to $6.2B upon effectiveness of the new credit agreement.","Replaces existing August 2022 credit agreement; financial covenant based on net leverage ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-050050","json":"https://secwatch.observer/filing/0001104659-25-050050.json","markdown":"https://secwatch.observer/filing/0001104659-25-050050.md","text":"https://secwatch.observer/filing/0001104659-25-050050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1123360/000110465925050050/0001104659-25-050050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1123360/000110465925050050/tm2515175d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T02:49:59.467713+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"}