{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-080344","form_type":"8-K","ticker":null,"cik":"0001849089","company_name":"Lafayette Square USA, Inc.","filed_at":"2025-08-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.342943+00:00","generated_at":"2026-05-17T11:31:53.188750+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":"Lafayette Square issues $65M of 7.00% Senior Notes due 2030","bullets":["$65M aggregate principal, 7.00% fixed rate, semiannual interest, maturing August 19, 2030.","Issue price 99.46119% of par; net proceeds for general corporate purposes.","Notes are senior unsecured, guaranteed by subsidiary LS BDC Holdings LLC.","Interest rate steps up to 2% above stated rate if below-investment-grade rating and secured debt ratio exceed thresholds.","Covenants include minimum net worth, asset coverage ratio, and BDC status maintenance."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-080344","json":"https://secwatch.observer/filing/0001104659-25-080344.json","markdown":"https://secwatch.observer/filing/0001104659-25-080344.md","text":"https://secwatch.observer/filing/0001104659-25-080344.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849089/000110465925080344/0001104659-25-080344-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849089/000110465925080344/tm2523835d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:31:53.188750+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":"c4ee1ed656b64383c00eb6408554a076ce14f16c","claim":"Lafayette Square USA, Inc. incurred senior notes of $65,000,000 in aggregate principal amount with qualified institutional investors at 7.00% per annum maturing August 19, 2030.","evidence_excerpt":"On August 19, 2025, Lafayette Square USA, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance of $65,000,000 in aggregate principal amount of 7.00% Senior Notes (the “Notes”) to qualified institutional investors in a private placement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849089/000110465925080344/0001104659-25-080344-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$65,000,000 in aggregate principal amount"},{"label":"Counterparty","value":"qualified institutional investors"},{"label":"Rate","value":"7.00% per annum"},{"label":"Maturity","value":"August 19, 2030"},{"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"}