{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001022","form_type":"8-K","ticker":"WKC","cik":"0000789460","company_name":"WORLD KINECT CORP","filed_at":"2023-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.232636+00:00","generated_at":"2026-06-13T19:30:47.526097+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"World Kinect prices $300M 3.250% convertible notes due 2028; upsized from $250M","bullets":["Notes bear 3.250% interest, mature July 1, 2028; initial conversion price ~$28.43 (27.5% premium over $22.30 close).","Net proceeds ~$291M ($339.5M if $50M greenshoe exercised); used to repay revolver, fund hedge cost, and repurchase ~2.24M shares for $50M.","Entered convertible note hedge and warrant transactions; warrant strike $40.14 per share (80% premium).","Option for initial purchasers to buy up to $50M additional notes within 13 days of issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001022","json":"https://secwatch.observer/filing/0001157523-23-001022.json","markdown":"https://secwatch.observer/filing/0001157523-23-001022.md","text":"https://secwatch.observer/filing/0001157523-23-001022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789460/000115752323001022/0001157523-23-001022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789460/000115752323001022/a53427959.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T19:30:47.526097+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"}