{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-100812","form_type":"8-K","ticker":"DKNG","cik":"0001883685","company_name":"DraftKings Inc.","filed_at":"2026-08-25T20:19:34+00:00","discovered_at":"2026-08-25T20:21:12.970625+00:00","generated_at":"2026-08-25T20:21:19.432935+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"DraftKings closes $700M Term Loan B and $750M revolver, up from $600M","bullets":["Closed $700M senior secured Term Loan B due 2033, upsized from $600M on strong demand.","Term Loan B priced at 99.50% of par, SOFR + 2.00% margin, 1% annual amortization.","Net proceeds to repurchase part of 0% Convertible Notes due 2028, plus general corporate purposes.","New $750M revolving facility due 2031 replaces $500M facility previously maturing Nov 2029.","Revolver rates: Term SOFR + 1.75%-2.25% or base rate + 0.75%-1.25%, based on leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-100812","json":"https://secwatch.observer/filing/0001104659-26-100812.json","markdown":"https://secwatch.observer/filing/0001104659-26-100812.md","text":"https://secwatch.observer/filing/0001104659-26-100812.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883685/000110465926100812/0001104659-26-100812-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883685/000110465926100812/tm2623632d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-25T20:21:19.432935+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"}