secwatch.observer — SEC 8-K summary
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Issuer:     Academy Sports & Outdoors, Inc. (ASO)
CIK:        0001817358
Form:       8-K
Filed at:   2026-05-14T20:21:41+00:00
Accession:  0001140361-26-021318
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Academy Sports issues $500M 5.875% Senior Secured Notes due 2031
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- $500M aggregate principal, 5.875% Senior Secured Notes due 2031 issued by Academy, Ltd.
- Proceeds used to redeem all outstanding 2027 notes, repay $400M term loan, pay fees, and for general corporate purposes.
- ABL credit facility amended: maturity extended to 2031; pricing grid modified.
- Upon term loan repayment, all security interests and liens under term loan terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817358/000114036126021318/0001140361-26-021318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817358/000114036126021318/ef20073235_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-021318

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer