{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-132493","form_type":"8-K","ticker":"SWBI","cik":"0001092796","company_name":"SMITH & WESSON BRANDS, INC.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.918105+00:00","generated_at":"2026-06-16T02:37:03.440739+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Smith & Wesson amends credit facility to replace LIBOR with SOFR; adjusts covenant for relocation costs","bullets":["Replaced LIBOR with SOFR as the interest rate benchmark in the Amended and Restated Credit Agreement.","Excludes certain capital expenditures for relocation of headquarters to Maryville, TN from Fixed Charge Coverage Ratio calculation for five quarters starting April 30, 2023.","Amendment also includes technical, ministerial, and conforming changes.","Effective April 28, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-132493","json":"https://secwatch.observer/filing/0001193125-23-132493.json","markdown":"https://secwatch.observer/filing/0001193125-23-132493.md","text":"https://secwatch.observer/filing/0001193125-23-132493.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523132493/0001193125-23-132493-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523132493/d460271d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:37:03.440739+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":"bde6ce919e283beb8328986ba78e548bcec49963","claim":"SMITH & WESSON BRANDS, INC. amended First Amendment to Amended and Restated Credit Agreement with TD Bank, N.A. valued at Amendment to credit agreement replacing LIBOR with SOFR, amending definition of Consolidated Fixed C (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, Smith & Wesson Brands, Inc. (the “ Company ”) entered into an amendment (the “ Amendment ”) among the Company, certain of the Company’s subsidiaries, certain Guarantors party thereto, certain lenders party thereto, and TD Bank, N.A., as administrative agent and Swingline Lender, to that certain Amended and Restated Credit Agreement, dated August 24, 2020, among the Company, certain of its direct and indirect Domestic Subsidiaries, certain lenders, TD Bank, N.A., as administrative agent, TD Securities (USA) LLC and Regions Bank, as joint lead arrangers and joint bookrunners, and Regions Bank, as syndication agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523132493/0001193125-23-132493-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"TD Bank, N.A."},{"label":"Value","value":"Amendment to credit agreement replacing LIBOR with SOFR, amending definition of Consolidated Fixed C"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}