{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-304926","form_type":"8-K","ticker":"SNPS","cik":"0000883241","company_name":"SYNOPSYS INC","filed_at":"2022-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.845857+00:00","generated_at":"2026-06-21T05:06:27.424455+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Synopsys upsizes revolving credit facility to $850M and extends maturity to 2027","bullets":["Facility increased from $650M to $850M; maturity extended from Jan 2024 to Dec 14, 2027.","Borrower may further extend maturity at its option; uncommitted incremental facility of $150M available.","No outstanding balance under the credit agreement as of the amendment date.","Floating interest rates based on Adjusted Term SOFR plus margin of 0.785%-0.975%, or ABR.","Financial covenant: maximum Consolidated Leverage Ratio; other customary covenants and events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-304926","json":"https://secwatch.observer/filing/0001193125-22-304926.json","markdown":"https://secwatch.observer/filing/0001193125-22-304926.md","text":"https://secwatch.observer/filing/0001193125-22-304926.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883241/000119312522304926/0001193125-22-304926-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883241/000119312522304926/d434584d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T05:06:27.424455+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":"9a8f4bf676c570bcbe8fe9d4d1db1822db197779","claim":"SYNOPSYS INC amended revolving credit of upsizes the existing senior unsecured revolving credit facility from $650 million to $850 million maturing December 14, 2027.","evidence_excerpt":"The Fifth Amendment upsizes the existing senior unsecured revolving credit facility from $650 million to $850 million and extends the maturity date of such revolving credit facility from January 22, 2024 to December 14, 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/883241/000119312522304926/0001193125-22-304926-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"upsizes the existing senior unsecured revolving credit facility from $650 million to $850 million"},{"label":"Maturity","value":"December 14, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"aec7d527de141e0c9ae9bda61f372e6be2f46805","claim":"SYNOPSYS INC amended Fifth Extension and Amendment Agreement valued at $850 million (effective 2022-12-14).","evidence_excerpt":"On December 14, 2022, Synopsys, Inc. (“ Synopsys ”) entered into a Fifth Extension and Amendment Agreement (the “ Fifth Amendment ”), which amends and restates Synopsys’ previous credit agreement, dated as of January 22, 2021 (as amended and restated, the “ Credit Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883241/000119312522304926/0001193125-22-304926-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"$850 million"},{"label":"Effective","value":"2022-12-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}