{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-027035","form_type":"8-K","ticker":null,"cik":"0001317630","company_name":"ITC Holdings Corp.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.775919+00:00","generated_at":"2026-05-15T12:58:20.225641+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":"ITC Transmission and ITC Midwest issue $500M aggregate bonds in private placements","bullets":["March 12: ITC Transmission $175M 4.78% Series M due 2034; ITC Midwest $175M 4.86% Series O due 2035.","July 15: ITC Transmission $50M 5.41% Series N due 2044; ITC Midwest $100M 5.53% Series P due 2047.","Proceeds to repay revolving credit debt, fund capex, and for general corporate purposes.","Bonds secured by first mortgage liens on substantially all real and tangible personal property of each issuer."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-027035","json":"https://secwatch.observer/filing/0001104659-26-027035.json","markdown":"https://secwatch.observer/filing/0001104659-26-027035.md","text":"https://secwatch.observer/filing/0001104659-26-027035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/tm268629d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:58:20.225641+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":"1a6ef45db6fb51f5b3982b4c176c852559a09f3d","claim":"ITC Holdings Corp. incurred mortgage of $100,000,000 with institutional accredited investors at 5.53% maturing July 15, 2047.","evidence_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage Bonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of its 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds, the “July Bonds” and,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","confidence":0.9},{"claim_id":"a8f95042451913abc9871ffaeb01514db65c418b","claim":"ITC Holdings Corp. incurred mortgage of $50,000,000 with institutional accredited investors at 5.41% maturing July 15, 2044.","evidence_excerpt":"Mortgage Bonds, Series O, due 2035 (the “ITCMW Series O Bonds” and, together with the ITCT Series M Bonds, the “March Bonds”). On July 15, 2026, (i) ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage Bonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","confidence":0.9},{"claim_id":"3cc97779823f756d75117b238efa1bffd36b4c5e","claim":"ITC Holdings Corp. entered into ITCT Bond Purchase Agreement with initial bondholders named in Schedule A valued at $175,000,000 (effective 2026-03-12).","evidence_excerpt":"ITCT Series M Bonds and the ITCT Series N Bonds were sold to institutional accredited investors (as defined by Rule 501(a) of the Securities Act) pursuant to a Bond Purchase Agreement, dated March 12, 2026, between ITC Transmission and the initial bondholders named in Schedule A thereto (the “ITCT Bond Purchase Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","confidence":0.9},{"claim_id":"fcf51d2893f83ecfa4cc0eb2619e19b70c292ed1","claim":"ITC Holdings Corp. entered into ITCMW Bond Purchase Agreement with initial bondholders named in Schedule A valued at $175,000,000 (effective 2026-03-12).","evidence_excerpt":"ITCMW Series O Bonds and the ITCMW Series P Bonds were sold to institutional accredited investors (as defined by Rule 501(a) of the Securities Act) pursuant to a Bond Purchase Agreement, dated March 12, 2026, between ITCMW and the initial bondholders named in Schedule A thereto (the “ITCMW Bond Purchase Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001993004-26-000044","ticker":"NWE","company_name":"NorthWestern Energy Group, Inc.","filed_at":"2026-06-02T11:22:44+00:00","headline":"NorthWestern Energy subsidiary enters $225M secured term loan, repays revolver","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001993004-26-000044","json":"https://secwatch.observer/filing/0001993004-26-000044.json","markdown":"https://secwatch.observer/filing/0001993004-26-000044.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/nwe-20260527.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0000008947-26-000108","ticker":"AZZ","company_name":"AZZ INC","filed_at":"2026-05-08T23:59:59+00:00","headline":"AZZ refinances revolver; maturity extended to 2029, margins cut 50 bps","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-26-000108","json":"https://secwatch.observer/filing/0000008947-26-000108.json","markdown":"https://secwatch.observer/filing/0000008947-26-000108.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/azz-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm"}},{"accession":"0001104659-26-057953","ticker":"ILPT","company_name":"Industrial Logistics Properties Trust","filed_at":"2026-05-08T23:59:59+00:00","headline":"ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057953","json":"https://secwatch.observer/filing/0001104659-26-057953.json","markdown":"https://secwatch.observer/filing/0001104659-26-057953.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/tm2613865d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively,\nthe lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured\nby 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which\nwe guaranteed certain limited","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm"}},{"accession":"0001193125-26-214205","ticker":"PGIM","company_name":"PGIM Private Credit Fund","filed_at":"2026-05-08T23:59:59+00:00","headline":"PGIM Private Credit Fund enters $100M credit facility with $500M accordion option","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214205","json":"https://secwatch.observer/filing/0001193125-26-214205.json","markdown":"https://secwatch.observer/filing/0001193125-26-214205.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/ck0001923622-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage\nBonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of\nits 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds,\nthe “July Bonds” and,","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm","comparable_excerpt":"Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}