{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-098380","form_type":"8-K","ticker":"EXLS","cik":"0001297989","company_name":"ExlService Holdings, Inc.","filed_at":"2026-08-18T20:37:57+00:00","discovered_at":"2026-08-18T20:39:05.451370+00:00","generated_at":"2026-08-18T20:39:11.776577+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"EXL closes new $1B senior secured credit facility, replacing $600M facility","bullets":["New facility: $600M revolver + $400M term loan, maturing Aug 18, 2031; PNC Bank admin agent.","Repaid ~$532.7M outstanding under prior Citibank facility; no early termination penalties.","Accordion allows expansion up to greater of $470M or 100% EBITDA; covenants: interest coverage ≥3.0x, leverage ≤3.5x.","Proceeds to fund working capital, acquisitions, and share buybacks under $500M repurchase authorization.","Old facility had $500M revolver + $100M term loan; new facility increases borrowing capacity by $400M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-098380","json":"https://secwatch.observer/filing/0001104659-26-098380.json","markdown":"https://secwatch.observer/filing/0001104659-26-098380.md","text":"https://secwatch.observer/filing/0001104659-26-098380.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1297989/000110465926098380/0001104659-26-098380-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1297989/000110465926098380/tm2623504d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-18T20:39:11.776577+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"}