{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-140890","form_type":"8-K","ticker":"WMG","cik":"0001319161","company_name":"Warner Music Group Corp.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.366735+00:00","generated_at":"2026-06-15T06:02:56.754261+00:00","sec_items":["1.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Warner Music Group amends senior term loan to replace LIBOR with SOFR benchmark","bullets":["WMG Acquisition Corp. entered an Eleventh Amendment to its $1.295B senior term loan credit agreement.","Amendment replaces LIBOR-based rates with SOFR-based rates, effective June 1, 2023 or later.","No changes to borrowing amounts, maturity, or financial covenants; all guarantees and liens reaffirmed.","Existing Eurodollar loans remain outstanding until their current interest period ends.","Lenders did not object; amendment becomes effective after five business days and the SOFR Effective Date."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-140890","json":"https://secwatch.observer/filing/0001193125-23-140890.json","markdown":"https://secwatch.observer/filing/0001193125-23-140890.md","text":"https://secwatch.observer/filing/0001193125-23-140890.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1319161/000119312523140890/0001193125-23-140890-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1319161/000119312523140890/d475446d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:02:56.754261+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":"527212e0124f0f973d19a0628854e3a7f73b746f","claim":"Warner Music Group Corp. amended Senior Term Loan Credit Agreement Amendment with Credit Suisse AG, as administrative agent (effective 2023-05-10).","evidence_excerpt":"On May 10, 2023, WMG Acquisition Corp. (“Acquisition Corp.”), a subsidiary of Warner Music Group Corp., entered into an amendment (the “Senior Term Loan Credit Agreement Amendment”) to the senior term loan credit agreement, dated November 1, 2012","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1319161/000119312523140890/0001193125-23-140890-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Credit Suisse AG, as administrative agent"},{"label":"Effective","value":"2023-05-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}