{"schema_version":"secwatch.filing_event.v1","accession":"0001169561-25-000028","form_type":"8-K","ticker":"CVLT","cik":"0001169561","company_name":"COMMVAULT SYSTEMS INC","filed_at":"2025-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.688010+00:00","generated_at":"2026-05-23T14:13:55.796552+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Commvault refinances credit facility, increasing borrowing capacity to $300M","bullets":["New $300M senior secured revolving credit facility replaces existing $100M facility; five-year maturity.","Borrowings bear interest at SOFR + 1.50%-2.00% or base rate + 0.50%-1.00%, based on leverage ratio.","Unused commitment fee of 0.25%-0.35% per annum; financial maintenance covenants include leverage and interest coverage ratios.","Existing credit agreement dated December 13, 2021 terminated upon effectiveness."],"urls":{"canonical":"https://secwatch.observer/filing/0001169561-25-000028","json":"https://secwatch.observer/filing/0001169561-25-000028.json","markdown":"https://secwatch.observer/filing/0001169561-25-000028.md","text":"https://secwatch.observer/filing/0001169561-25-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169561/000116956125000028/0001169561-25-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169561/000116956125000028/cvlt-20250415.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T14:13:55.796552+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"}