{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-097942","form_type":"8-K","ticker":null,"cik":"0001901037","company_name":"Stellus Private Credit BDC","filed_at":"2025-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.022189+00:00","generated_at":"2026-05-17T04:20:50.432922+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Stellus Private Credit BDC ups credit facility to $75M, extends maturity to 2031","bullets":["Deutsche Bank facility commitment increased from $50M to $75M.","Applicable margin rate reduced to range of 2.00% to 2.35%.","Revolving period extended to October 2, 2028.","Maturity date extended to October 2, 2031."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-097942","json":"https://secwatch.observer/filing/0001104659-25-097942.json","markdown":"https://secwatch.observer/filing/0001104659-25-097942.md","text":"https://secwatch.observer/filing/0001104659-25-097942.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925097942/0001104659-25-097942-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925097942/tm2528161d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:20:50.432922+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":"2f37787ddbf990aa747aa5ee700b5bd10140052b","claim":"Stellus Private Credit BDC amended credit facility of $75 million with Deutsche Bank AG, New York Branch at 2.00% to 2.35% maturing October 2, 2031.","evidence_excerpt":"agents that are party thereto from time to time. The Second Amendment amended the Existing Agreement to, among other things, (i) increase the commitment from $50 million to $75 million, (ii) reduce the applicable margin rate on Advances under the Loan Agreement to a range of 2.00% to 2.35%, (iii) extend the Revolving Period to October 2, 2028, and (iv) extend","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901037/000110465925097942/0001104659-25-097942-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$75 million"},{"label":"Counterparty","value":"Deutsche Bank AG, New York Branch"},{"label":"Rate","value":"2.00% to 2.35%"},{"label":"Maturity","value":"October 2, 2031"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}