{"schema_version":"secwatch.filing_event.v1","accession":"0001131554-25-000043","form_type":"8-K","ticker":null,"cik":"0001131554","company_name":"SYNCHRONOSS TECHNOLOGIES INC","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.614788+00:00","generated_at":"2026-05-23T03:25:17.978360+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Synchronoss refinances with new $200M term loan due 2029; retires senior notes","bullets":["New $200M term loan from TP Birch Grove matures April 24, 2029 at SOFR + 7.00% (50bps stepdown).","Proceeds repay $73.6M existing term loan and $121M senior notes; ~$8M cash used for fees and call protection.","Refinancing extends debt maturity, eliminating near-term overhang from senior notes.","CFO states improved capital structure and greater operational flexibility for investment in Personal Cloud."],"urls":{"canonical":"https://secwatch.observer/filing/0001131554-25-000043","json":"https://secwatch.observer/filing/0001131554-25-000043.json","markdown":"https://secwatch.observer/filing/0001131554-25-000043.md","text":"https://secwatch.observer/filing/0001131554-25-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1131554/000113155425000043/0001131554-25-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1131554/000113155425000043/sncr-20250424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:25:17.978360+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":[{"claim_id":"bbfda508631032480c03fabb695740f132ebefda","claim":"SYNCHRONOSS TECHNOLOGIES INC incurred term loan of $200 million with BGC Lender Rep LLC, as administrative agent at secured overnight financing rate, which shall not be less than 2.50%, plus a mar maturing April 24, 2029.","evidence_excerpt":"among the Companies and the Administrative Agent. On the Closing Date, the Amended Credit Agreement established a new term loan facility in an aggregate principal amount of $200 million (the “First Amendment Loan”), with any existing lenders under the Credit Agreement participating pursuant to a contemporaneous settlement of the $73.6 million outstanding","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1131554/000113155425000043/0001131554-25-000043-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"BGC Lender Rep LLC, as administrative agent"},{"label":"Rate","value":"secured overnight financing rate, which shall not be less than 2.50%, plus a mar"},{"label":"Maturity","value":"April 24, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}