{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-027537","form_type":"8-K","ticker":"BCPC","cik":"0000009326","company_name":"BALCHEM CORP","filed_at":"2022-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.692924+00:00","generated_at":"2026-06-24T06:45:48.793289+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Balchem enters $550M revolving credit facility, refinances existing debt","bullets":["New $550M senior revolving credit facility matures in 5 years from July 27, 2022.","Proceeds used to refinance all outstanding indebtedness under the prior 2018 credit agreement.","Financial covenants: max consolidated net leverage ratio of 4.00x; min interest coverage of 3.00x.","Facility includes $10M letter of credit sublimit and $10M swing line sublimit.","Interest rate grid based on leverage: Term Benchmark loans range from SOFR+1.00% to +1.625%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-027537","json":"https://secwatch.observer/filing/0001140361-22-027537.json","markdown":"https://secwatch.observer/filing/0001140361-22-027537.md","text":"https://secwatch.observer/filing/0001140361-22-027537.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/9326/000114036122027537/0001140361-22-027537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/9326/000114036122027537/brhc10040170_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T06:45:48.793289+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"}