{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-069071","form_type":"8-K","ticker":"BPOP","cik":"0000763901","company_name":"POPULAR, INC.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.039373+00:00","generated_at":"2026-06-18T05:06:50.356837+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"$400M 7.25% Senior Notes due 2028 issued; proceeds to redeem $300M maturing 6.125% notes","bullets":["Issued $400M aggregate principal of 7.25% Senior Notes due March 13, 2028.","Net proceeds to redeem or repay $300M of 6.125% Senior Notes due 2023.","Interest payable semi-annually on March 13 and September 13, starting Sep 13, 2023.","Notes are unsecured senior debt, ranking equally with existing unsecured senior indebtedness.","Underwriting led by BofA Securities, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-069071","json":"https://secwatch.observer/filing/0001193125-23-069071.json","markdown":"https://secwatch.observer/filing/0001193125-23-069071.md","text":"https://secwatch.observer/filing/0001193125-23-069071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763901/000119312523069071/0001193125-23-069071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763901/000119312523069071/d406696d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:06:50.356837+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":"f9474c88dff81879c16029cc5fda673acfd7c8b8","claim":"POPULAR, INC. incurred senior notes of $400,000,000 with The Bank of New York Mellon at 7.25% per annum maturing March 13, 2028.","evidence_excerpt":"On March 13, 2023, Popular, Inc. (the “Corporation”) issued $400,000,000 aggregate principal amount of its 7.25% Senior Notes due 2028 (the “Notes”) in an underwritten public offering","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/763901/000119312523069071/0001193125-23-069071-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400,000,000"},{"label":"Counterparty","value":"The Bank of New York Mellon"},{"label":"Rate","value":"7.25% per annum"},{"label":"Maturity","value":"March 13, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2b939837c4d0aa50607d9abda924005b28794971","claim":"POPULAR, INC. entered into Tenth Supplemental Indenture with The Bank of New York Mellon valued at $400,000,000 aggregate principal amount of 7.25% Senior Notes due 2028 (effective 2023-03-13).","evidence_excerpt":"On March 13, 2023, Popular, Inc. (the “Corporation”) issued $400,000,000 aggregate principal amount of its 7.25% Senior Notes due 2028 (the “Notes”) in an underwritten public offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/763901/000119312523069071/0001193125-23-069071-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"The Bank of New York Mellon"},{"label":"Value","value":"$400,000,000 aggregate principal amount of 7.25% Senior Notes due 2028"},{"label":"Effective","value":"2023-03-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}