{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-000533","form_type":"8-K","ticker":null,"cik":"0001766526","company_name":"Tectonic Financial, Inc.","filed_at":"2026-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.111168+00:00","generated_at":"2026-05-16T03:05:21.295851+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Tectonic Financial issues $40M 7.25% subordinated notes; proceeds to redeem debt, preferred","bullets":["Issued $40M aggregate principal of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2036 to institutional investors.","Notes mature Feb 15, 2036; fixed 7.25% through Feb 15, 2031, then SOFR+368bps quarterly.","Net proceeds earmarked for redemption of T Bancshares indebtedness and 9.00% Series B preferred stock.","Notes qualify as Tier 2 capital; unsecured subordinated obligations of Tectonic Financial.","Performance Trust Capital Partners acted as sole placement agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-000533","json":"https://secwatch.observer/filing/0001185185-26-000533.json","markdown":"https://secwatch.observer/filing/0001185185-26-000533.md","text":"https://secwatch.observer/filing/0001185185-26-000533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/tectp8k021126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:05:21.295851+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":[{"claim_id":"1be4bf2effd51f7860f36f83845627781a0c2cbb","claim":"Tectonic Financial, Inc. incurred senior notes of $40 million with certain institutional accredited investors and qualified institutional buyers at 7.25% Fixed-to-Floating Rate maturing February 15, 2036.","evidence_excerpt":"On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","confidence":0.9},{"claim_id":"3c254ba54fbbcebafc33575ad36bf2aadfcdc79c","claim":"Tectonic Financial, Inc. entered into Subordinated Note Purchase Agreements with certain institutional accredited investors and qualified institutional buyers valued at $40 million in aggregate principal amount of its 7.25% Fixed-to-Floating Rate Subordinated Notes due (effective 2026-02-11).","evidence_excerpt":"On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001665918-26-000041","ticker":"USFD","company_name":"US Foods Holding Corp.","filed_at":"2026-06-02T20:58:31+00:00","headline":"US Foods upsizes ABL facility to $2.5B and extends maturity to 2031","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001665918-26-000041","json":"https://secwatch.observer/filing/0001665918-26-000041.json","markdown":"https://secwatch.observer/filing/0001665918-26-000041.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1665918/000166591826000041/0001665918-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1665918/000166591826000041/usfd-20260528.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","comparable_excerpt":"The Amendment increased the total aggregate amount of commitments under the ABL Agreement from $2.3 billion to $2.5 billion; extended the maturity date to May 28, 2031, subject to a springing maturity date in the event that more than $300 million of aggregate principal amount of earlier maturing indebtedness under US Foods’ term loan credit agreement or any of its senior notes remains outstanding for which a reserve is not maintained on a date that is sixty (60) days prior to such earlier maturity date for such maturing indebtedness; and made certain changes to the pricing, financial covenant, reporting obligations and other terms of the ABL Agreement.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1665918/000166591826000041/0001665918-26-000041-index.htm"}},{"accession":"0001657853-26-000036","ticker":"HTZ","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2026-06-02T20:42:59+00:00","headline":"Hertz issues $1B asset-backed notes via HVF III at rates 5.09%-10.67%","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001657853-26-000036","json":"https://secwatch.observer/filing/0001657853-26-000036.json","markdown":"https://secwatch.observer/filing/0001657853-26-000036.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000165785326000036/htz-20260528.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 11, 2026, Tectonic Financial, Inc. 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(the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","comparable_excerpt":"On May 29, 2026 (the “Closing Date”), Flex Ltd. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), by and among the Company, as borrower, the lenders party thereto, and Citibank, N.A., as administrative agent, which provides a senior term loan credit facility (the “Credit Facility”) in an aggregate amount of $1.45 billion.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/866374/000110465926069463/0001104659-26-069463-index.htm"}},{"accession":"0001193125-26-252668","ticker":"BTU","company_name":"PEABODY ENERGY CORP","filed_at":"2026-06-02T14:17:48+00:00","headline":"Peabody prices $250M convertible notes due 2031, repurchases $241.2M of 2028 notes","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-252668","json":"https://secwatch.observer/filing/0001193125-26-252668.json","markdown":"https://secwatch.observer/filing/0001193125-26-252668.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","comparable_excerpt":"additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm"}},{"accession":"0001882781-26-000041","ticker":"CBLO","company_name":"C2 Blockchain, Inc.","filed_at":"2026-06-02T14:08:44+00:00","headline":"C2 Blockchain raises $130K and up to $1.2M via convertible notes with heavy dilution","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001882781-26-000041","json":"https://secwatch.observer/filing/0001882781-26-000041.json","markdown":"https://secwatch.observer/filing/0001882781-26-000041.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/form8k6226o.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 11, 2026, Tectonic Financial, Inc. 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(the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","comparable_excerpt":"NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). 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(the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1766526/000118518526000533/0001185185-26-000533-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}