{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-092691","form_type":"8-K","ticker":null,"cik":"0000277638","company_name":"DAVEY TREE EXPERT CO","filed_at":"2025-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.002498+00:00","generated_at":"2026-05-17T05:50:31.837980+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Davey Tree issues $100M 5.19% Senior Notes Series D due 2030","bullets":["Issued $100M 5.19% Senior Notes Series D due September 22, 2030 to affiliates of PGIM.","Net proceeds to pay down revolving credit facility and for general corporate purposes.","Notes guaranteed by Davey Tree Surgery, Wolf Tree, Davey Resource Group, and Wetlands Studies.","Total outstanding under Note Purchase Agreement: $220M with $30M remaining availability."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-092691","json":"https://secwatch.observer/filing/0001104659-25-092691.json","markdown":"https://secwatch.observer/filing/0001104659-25-092691.md","text":"https://secwatch.observer/filing/0001104659-25-092691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/277638/000110465925092691/0001104659-25-092691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/277638/000110465925092691/tm2526690d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:50:31.837980+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":"296a424c30e7ec785c1554e21bfe2d21b74cf01a","claim":"DAVEY TREE EXPERT CO incurred senior notes of $100 million with certain affiliates of PGIM, Inc. at 5.19% maturing September 22, 2030.","evidence_excerpt":"On September 22, 2025, The Davey Tree Expert Company (the “Company”) issued 5.19% Senior Notes, Series D, due September 22, 2030, in the aggregate principal amount of $100 million to certain affiliates of PGIM, Inc.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/277638/000110465925092691/0001104659-25-092691-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$100 million"},{"label":"Counterparty","value":"certain affiliates of PGIM, Inc."},{"label":"Rate","value":"5.19%"},{"label":"Maturity","value":"September 22, 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"}