{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-007445","form_type":"8-K","ticker":"WEX","cik":"0001309108","company_name":"WEX Inc.","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.260570+00:00","generated_at":"2026-05-25T05:14:58.144845+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"WEX closes $550M 6.500% notes due 2033 and $450M term loan, funds up to $750M share buyback","bullets":["$550M aggregate principal of 6.500% senior unsecured notes due 2033 issued; interest payable semi-annually.","$450M incremental Term Loan B-3 facility at SOFR + 1.75%, maturing March 6, 2032.","Proceeds to fund tender offer for up to $750M of common stock, repay ~$250M revolver, and pay fees.","Seventh Amendment raises restricted payments leverage ratio covenant from 2.75x to 3.50x.","Notes are unsecured and effectively subordinated to existing secured indebtedness."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-007445","json":"https://secwatch.observer/filing/0001140361-25-007445.json","markdown":"https://secwatch.observer/filing/0001140361-25-007445.md","text":"https://secwatch.observer/filing/0001140361-25-007445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1309108/000114036125007445/0001140361-25-007445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1309108/000114036125007445/ny20044175x8_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T05:14:58.144845+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"}