{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-100106","form_type":"8-K","ticker":"CERT","cik":"0001827090","company_name":"Certara, Inc.","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.652433+00:00","generated_at":"2026-05-17T03:35:24.809793+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Certara refinances $296.25M term loans at lower interest rates","bullets":["Sixth Amendment reduces margin on term loans to SOFR+2.75% or ABR+1.75%.","$296.25M Replacement Term Loans refinanced all existing term loans on Oct 16, 2025.","Expects reduced borrowing cost and interest expense savings versus prior terms.","All consenting lenders exchanged existing loans; one new lender joined.","Covenants, guarantees, and collateral terms remain substantially unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-100106","json":"https://secwatch.observer/filing/0001104659-25-100106.json","markdown":"https://secwatch.observer/filing/0001104659-25-100106.md","text":"https://secwatch.observer/filing/0001104659-25-100106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1827090/000110465925100106/0001104659-25-100106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1827090/000110465925100106/tm2528835d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:35:24.809793+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":"24eb8a7bcb42f94b4c6808ea32d50418b649458a","claim":"Certara, Inc. incurred term loan with Bank of America, N.A., as administrative agent for the Lenders and collateral agent for the secured parties thereunder at Term SOFR rate, with a floor of 0.00% plus an applicable margin rate of 2.75%.","evidence_excerpt":"The Replacement Term Loans were funded in full on the Closing Date and were applied by the Company to refinance the Existing Term Loans (as defined in the Amendment) previously outstanding under the Credit Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465925100106/0001104659-25-100106-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent for the Lenders and collateral agent for the secured parties thereunder"},{"label":"Rate","value":"Term SOFR rate, with a floor of 0.00% plus an applicable margin rate of 2.75%"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"dd23118cb7a552e91cb2e92f5c2170fed8d24ecf","claim":"Certara, Inc. amended credit facility with Bank of America, N.A., as administrative agent for the Lenders and collateral agent for the secured parties thereunder at Term SOFR rate, with a floor of 0.00% plus an applicable margin rate of 2.75%.","evidence_excerpt":"The Amendment provides for, among other things, a reduction in the Applicable Rate (as defined in the Credit Agreement) with respect to the term loans under the Credit Agreement, which is expected to reduce the Company’s cost of borrowing and allow for interest expense savings, as compared to prior terms under the Credit Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465925100106/0001104659-25-100106-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent for the Lenders and collateral agent for the secured parties thereunder"},{"label":"Rate","value":"Term SOFR rate, with a floor of 0.00% plus an applicable margin rate of 2.75%"},{"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"}