{"schema_version":"secwatch.filing_event.v1","accession":"0001170010-21-000182","form_type":"8-K","ticker":"KMX","cik":"0001170010","company_name":"CARMAX INC","filed_at":"2021-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.775675+00:00","generated_at":"2026-06-28T20:12:55.445041+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"CarMax enters $700M term loan due 2026 to repay revolver borrowings","bullets":["Borrowed $700M under term loan facility maturing October 15, 2026.","Proceeds used to pay down normal-course borrowings under $1.45B revolver and for general corporate purposes.","Interest based on Eurodollar Reference Rate (LIBOR or successor) plus applicable margin, payable monthly.","Obligations guaranteed by CarMax Inc. and certain subsidiaries.","Company targets adjusted debt-to-total capital ratio of 35% to 45%."],"urls":{"canonical":"https://secwatch.observer/filing/0001170010-21-000182","json":"https://secwatch.observer/filing/0001170010-21-000182.json","markdown":"https://secwatch.observer/filing/0001170010-21-000182.md","text":"https://secwatch.observer/filing/0001170010-21-000182.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1170010/000117001021000182/0001170010-21-000182-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1170010/000117001021000182/kmx-20211015.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T20:12:55.445041+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"}