{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-201706","form_type":"8-K","ticker":"LAMR","cik":"0001090425","company_name":"LAMAR ADVERTISING CO/NEW","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.116640+00:00","generated_at":"2026-06-12T11:20:45.711719+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Lamar Media extends $750M revolver maturity to July 2028, adds $75M swingline","bullets":["Extension of $750M revolving credit facility maturity to July 31, 2028; springing maturity if insufficient liquidity for Term B Loan or 2028 notes.","New $75M swingline sublimit for same-day borrowings.","Amendment also allows for incremental revolving facilities on certain terms.","Term B Loan matures Feb 2027, 2028 Senior Notes mature Feb 2028; springing condition triggers 91 days prior.","Other terms unchanged (interest rates, unused fees, guarantees, covenants, events of default)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-201706","json":"https://secwatch.observer/filing/0001193125-23-201706.json","markdown":"https://secwatch.observer/filing/0001193125-23-201706.md","text":"https://secwatch.observer/filing/0001193125-23-201706.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090425/000119312523201706/0001193125-23-201706-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899045/000119312523201706/d520407d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T11:20:45.711719+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":"cbb36db95797d04e187f36828625329d7cdf11d0","claim":"LAMAR ADVERTISING CO/NEW amended revolving credit of $75.0 million swingline sublimit with JPMorgan Chase Bank, N.A. at not disclosed maturing July 31, 2028.","evidence_excerpt":"The Amendment also establishes a $75.0 million swingline as a sublimit of the Revolving Facility, which allows Lamar Media to borrow revolving loans on a same-day basis, in an aggregate outstanding principal amount of up to $75.0 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000119312523201706/0001193125-23-201706-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$75.0 million swingline sublimit"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"not disclosed"},{"label":"Maturity","value":"July 31, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"5da7b3b599396e52fe805a204e8305848fb5b569","claim":"LAMAR ADVERTISING CO/NEW amended Amendment No. 4 with JPMorgan Chase Bank, N.A. (effective 2023-07-31).","evidence_excerpt":"On July 31, 2023, Lamar Advertising Company’s (the “ Company ”) direct wholly owned subsidiary Lamar Media Corp. (“ Lamar Media ”) entered into the Amendment No. 4, dated as of July 31, 2023 (the “ Amendment ”), to the Fourth Amended and Restated Credit Agreement dated February 6, 2020","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000119312523201706/0001193125-23-201706-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Effective","value":"2023-07-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}