{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-258222","form_type":"8-K","ticker":"DRVN","cik":"0001804745","company_name":"Driven Brands Holdings Inc.","filed_at":"2022-10-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.210328+00:00","generated_at":"2026-06-23T05:25:03.941534+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Driven Brands closes $365M securitization issuance; adds $135M variable notes","bullets":["$365M Class A-2 Senior Secured Notes at 7.4% coupon; offering increased by over 30%.","Added $135M Class A-1 Variable Funding Notes, bringing total capacity to $250M.","Proceeds used for general corporate purposes and repayment of revolving credit facilities.","Notes rated BBB (Kroll) and BBB- (S&P); blended fixed-rate debt cost 4.3% on a Q2 2022 proforma basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-258222","json":"https://secwatch.observer/filing/0001193125-22-258222.json","markdown":"https://secwatch.observer/filing/0001193125-22-258222.md","text":"https://secwatch.observer/filing/0001193125-22-258222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804745/000119312522258222/0001193125-22-258222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804745/000119312522258222/d261346d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T05:25:03.941534+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"}