{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-145102","form_type":"8-K","ticker":"SNAP","cik":"0001564408","company_name":"Snap Inc","filed_at":"2022-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.217113+00:00","generated_at":"2026-06-25T22:23:44.357398+00:00","sec_items":["1.01","1.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Snap enters into $1.05B revolving credit facility, replacing prior facility","bullets":["New $1.05B credit facility matures May 6, 2027; replaces prior $1.05B facility terminated concurrently.","Revolving loans bear interest at SOFR plus 0.75% (USD) or comparable rates for foreign currencies.","Commitment fee of 0.10% per annum on unused amounts; financial covenant requires at least $300M liquidity.","No revolving loans outstanding as of closing; Snap may request two one-year maturity extensions.","Loans available in USD, EUR, GBP, AUD, JPY, CAD; foreign currency cap of $200M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-145102","json":"https://secwatch.observer/filing/0001193125-22-145102.json","markdown":"https://secwatch.observer/filing/0001193125-22-145102.md","text":"https://secwatch.observer/filing/0001193125-22-145102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000119312522145102/0001193125-22-145102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000119312522145102/d301671d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T22:23:44.357398+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"}