{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-236947","form_type":"8-K","ticker":"BURL","cik":"0001579298","company_name":"Burlington Stores, Inc.","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.415879+00:00","generated_at":"2026-06-10T14:47:20.483197+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Burlington Stores issues $297M of 1.25% convertible notes, extends debt maturity to 2027","bullets":["Issued ~$297M of 1.25% convertible notes due 2027; exchanged ~$241M of existing 2.25% notes due 2025 and privately placed ~$42M.","Initial conversion price ~$205.93/share, a 32.5% premium over $155.42 (last sale on Sept 7, 2023).","Repurchased 165,975 shares at $155.42 per share in connection with the transactions.","Notes mature Dec 15, 2027; interest payable semi-annually; optional redemption after Dec 20, 2025 if stock >=130% conversion price.","Notes are unsecured; no shelf registration filed; up to ~1.42M shares may be issuable upon conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-236947","json":"https://secwatch.observer/filing/0001193125-23-236947.json","markdown":"https://secwatch.observer/filing/0001193125-23-236947.md","text":"https://secwatch.observer/filing/0001193125-23-236947.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579298/000119312523236947/0001193125-23-236947-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579298/000119312523236947/d536018d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T14:47:20.483197+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":"e1b5bba0d392161482d772e03776efad2941ea1d","claim":"Burlington Stores, Inc. entered into Indenture with Wilmington Trust, National Association (effective 2023-09-12).","evidence_excerpt":"The New Convertible Notes were issued pursuant to an Indenture, dated as of September 12, 2023, (the “Indenture”) between the Company and Wilmington Trust, National Association, as trustee (the “Trustee”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579298/000119312523236947/0001193125-23-236947-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}