{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-120980","form_type":"8-K","ticker":null,"cik":"0001895316","company_name":"Brightwood Capital Corp I","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.011096+00:00","generated_at":"2026-05-16T13:15:50.656994+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Brightwood Capital subsidiary reduces credit facility spread to 2.15%; lenders First Foundation and Mitsubishi exit","bullets":["Applicable spread reduced to 2.15% (plus 2.00% during Event of Default) under Third Amendment to Loan and Servicing Agreement.","First Foundation Bank and Mitsubishi HC Capital America assign their entire commitments to Webster Bank, N.A., effective December 10, 2025.","Total commitments remain $150M; Webster now owns $115.5M (77%), Live Oak Bank $20.5M (13.67%), Hanmi Bank $14M (9.33%).","Borrower and Collateral Manager reaffirm collateral pledge and security interests; no Event of Default continuing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-120980","json":"https://secwatch.observer/filing/0001104659-25-120980.json","markdown":"https://secwatch.observer/filing/0001104659-25-120980.md","text":"https://secwatch.observer/filing/0001104659-25-120980.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1895316/000110465925120980/0001104659-25-120980-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1895316/000110465925120980/tm2533377d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:15:50.656994+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":"dcbfd8740ede41235a14d0d8cace7cf458077df4","claim":"Brightwood Capital Corp I amended Third Amendment with Webster Bank, N.A. (effective 2025-12-10).","evidence_excerpt":"Effective as of December 10, 2025, BCCI SPV-2, LLC (“ BCCI SPV ”), a wholly owned subsidiary of Brightwood Capital Corporation I (the “ Corporation ”) entered into the Third Amendment (the “ Third Amendment ”) to the Loan and Servicing Agreement, dated as of October 11, 2024, among BCCI SPV, as borrower, Brightwood SPV Advisors, LLC, as collateral manager, each of the lenders from time to time party thereto, Webster Bank, N.A., as collateral agent, administrative agent and sole lead arranger, U.S. National Bank Association, as document custodian, U.S. Bank Trust Company, National Association, as custodian (the “ LSA ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895316/000110465925120980/0001104659-25-120980-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Webster Bank, N.A."},{"label":"Effective","value":"2025-12-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}