{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-081292","form_type":"8-K","ticker":"RES","cik":"0000742278","company_name":"RPC INC","filed_at":"2026-07-07T20:27:42+00:00","discovered_at":"2026-07-07T20:29:02.369370+00:00","generated_at":"2026-07-07T20:29:07.216270+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"RPC amends credit agreement, extends maturity to 2031, removes SOFR adjustment","bullets":["Amended and restated $100M revolving credit facility; termination date extended from June 2027 to June 30, 2031.","Removed SOFR Adjustment from pricing; margins remain 1.25%-2.25% (Term SOFR) and 0.25%-1.25% (Base Rate) based on leverage.","Financial covenants unchanged: leverage ratio ≤2.50x and debt service coverage ≥2.00x when EBITDA ≥$50M; else tangible net worth ≥$400M.","Commitment fee on unused portion remains 0.20%-0.30% per annum based on leverage ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-081292","json":"https://secwatch.observer/filing/0001104659-26-081292.json","markdown":"https://secwatch.observer/filing/0001104659-26-081292.md","text":"https://secwatch.observer/filing/0001104659-26-081292.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/742278/000110465926081292/0001104659-26-081292-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/742278/000110465926081292/res-20260630x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-07T20:29:07.216270+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}