{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-156688","form_type":"8-K","ticker":"BF-A","cik":"0000014693","company_name":"BROWN FORMAN CORP","filed_at":"2023-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.959573+00:00","generated_at":"2026-06-14T11:34:01.595882+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Brown-Forman enters $900M revolver, up from $800M; matures May 2028","bullets":["New $900M unsecured revolving credit facility replaces existing $800M facility; matures May 26, 2028.","Two one-year extension options and an accordion feature allowing up to $650M additional commitments.","Borrowings available in USD, Euro, Sterling, AUD, and other freely convertible currencies.","No financial covenants; interest rates based on Term SOFR, EURIBOR, AUD rate, or SONIA plus applicable margins.","Existing $800M facility was set to expire November 2024; new facility extends to 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-156688","json":"https://secwatch.observer/filing/0001193125-23-156688.json","markdown":"https://secwatch.observer/filing/0001193125-23-156688.md","text":"https://secwatch.observer/filing/0001193125-23-156688.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14693/000119312523156688/0001193125-23-156688-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14693/000119312523156688/d506047d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T11:34:01.595882+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":"c435325bdc895597fe79d4cc3fb6ab9f1eca9a47","claim":"BROWN FORMAN CORP entered into Second Amended and Restated Five-Year Credit Agreement with the lenders party thereto and U.S. Bank National Association, as Administrative Agent valued at an aggregate of up to $900,000,000 (effective 2023-05-26).","evidence_excerpt":"On May 26, 2023, Brown-Forman Corporation (the “Company”) entered into a Second Amended and Restated Five-Year Credit Agreement dated as of such date (the “Credit Agreement”) with the lenders party thereto and U.S. Bank National Association, as Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14693/000119312523156688/0001193125-23-156688-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"the lenders party thereto and U.S. Bank National Association, as Administrative Agent"},{"label":"Value","value":"an aggregate of up to $900,000,000"},{"label":"Effective","value":"2023-05-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}