{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-112357","form_type":"8-K","ticker":"PLCE","cik":"0001041859","company_name":"Childrens Place, Inc.","filed_at":"2026-09-30T20:30:35+00:00","discovered_at":"2026-09-30T20:32:00.272668+00:00","generated_at":"2026-10-12T14:07:01.433538+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Children's Place enters $25M Mithaq term loan, cuts remaining Mithaq facility availability to zero","bullets":["The Children's Place and subsidiaries entered a $25.0M Shariah-compliant unsecured subordinated promissory note with Mithaq Capital SPC on Sept. 24, 2026, as second advance under $40.0M commitment.","Fourth Mithaq Term Loan matures April 16, 2031; interest at one-month SOFR plus 9.00% per annum, with monthly cash payments subject to deferment.","Proceeds will prepay amounts under Wells Fargo's $350.0M revolving credit facility, reduce vendor accounts payable, and fund general corporate purposes.","Mithaq is a controlling shareholder; Executive Chairman Turki Saleh A. AlRajhi is Mithaq Holding's Chairman/CEO, and President/Interim CEO Muhammad Asif Seemab is a Mithaq Managing Director.","Wells Amendment, SLR Amendment, and Subordination Amendment dated Sept. 24, 2026 do not increase commitments under the Wells Credit Agreement or SLR Loan Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-112357","json":"https://secwatch.observer/filing/0001104659-26-112357.json","markdown":"https://secwatch.observer/filing/0001104659-26-112357.md","text":"https://secwatch.observer/filing/0001104659-26-112357.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041859/000110465926112357/0001104659-26-112357-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041859/000110465926112357/tm2626671d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:07:01.433538+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"}