{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-099244","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2026-08-20T20:30:34+00:00","discovered_at":"2026-08-20T20:32:01.770924+00:00","generated_at":"2026-08-20T20:32:10.041669+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Beacon Financial issues $175M subordinated notes; redeems $75M 2029 notes","bullets":["Issued $175M 6.25% fixed-to-floating subordinated notes due 2036; net proceeds ~$171.8M.","Proceeds used to redeem $75M 6.0% subordinated notes due 2029 (assumed from Brookline merger) and for general corporate purposes.","Notes mature Sept 1, 2036; fixed 6.25% until Sept 1, 2031, then SOFR + 215 bps quarterly.","Redemption of 2029 notes on Sept 15, 2026 at 100% plus accrued interest.","Underwriters: Keefe, Bruyette & Woods and Piper Sandler."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-099244","json":"https://secwatch.observer/filing/0001104659-26-099244.json","markdown":"https://secwatch.observer/filing/0001104659-26-099244.md","text":"https://secwatch.observer/filing/0001104659-26-099244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465926099244/0001104659-26-099244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465926099244/tm2623534d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-20T20:32:10.041669+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"}