{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-122230","form_type":"8-K","ticker":null,"cik":"0001979306","company_name":"Andalusian Credit Company, LLC","filed_at":"2025-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.200587+00:00","generated_at":"2026-05-16T12:48:40.489119+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Andalusian Credit Company subsidiary enters into $50M revolving credit facility with CIBC Bank USA","bullets":["On Dec 12, 2025, ACC Financing SPV II, LLC entered into a Credit Agreement for an initial $50M revolving credit facility, expandable to $150M.","Interest rates range from SOFR+1.90% to SOFR+2.00% (or Base Rate+0.90% to +1.00%) depending on usage level.","The facility matures on Dec 12, 2026, with a possible one-year extension subject to Administrative Agent and lender consent.","A non-use fee of 0.35% per annum is payable on the average daily unused portion of the revolving commitments.","Obligations are secured by the company's personal property and a collateral assignment of the guarantor's capital call rights from investors."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-122230","json":"https://secwatch.observer/filing/0001104659-25-122230.json","markdown":"https://secwatch.observer/filing/0001104659-25-122230.md","text":"https://secwatch.observer/filing/0001104659-25-122230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1979306/000110465925122230/0001104659-25-122230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1979306/000110465925122230/tm2533648d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T12:48:40.489119+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":"04856a9acda579e03794c700c53719823241c587","claim":"Andalusian Credit Company, LLC incurred revolving credit of $50,000,000 initial aggregate, up to $150,000,000 with CIBC Bank USA at term 1 Month SOFR plus 1.90% or Base Rate plus 0.90% if Revolving Outstandings e maturing December 12, 2026 (Stated Maturity Date), extendable up to one year.","evidence_excerpt":"The Credit Agreement provides for Loans in U.S. dollars in an initial aggregate amount of up to $50,000,000 with an option for the Company to request, at one or more times, that existing and/or new lenders, at their election, provide up to $150,000,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1979306/000110465925122230/0001104659-25-122230-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$50,000,000 initial aggregate, up to $150,000,000"},{"label":"Counterparty","value":"CIBC Bank USA"},{"label":"Rate","value":"term 1 Month SOFR plus 1.90% or Base Rate plus 0.90% if Revolving Outstandings e"},{"label":"Maturity","value":"December 12, 2026 (Stated Maturity Date), extendable up to one year"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}