{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-286868","form_type":"8-K","ticker":"WMG","cik":"0001319161","company_name":"Warner Music Group Corp.","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.594473+00:00","generated_at":"2026-06-07T19:15:11.871175+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"WMG revolver upsized to $350M, maturity extended to Nov 2028, JPMorgan replaces Credit Suisse as agent","bullets":["Commitments increased from $300M to $350M under the revolving credit facility.","Final maturity date extended from April 2025 to November 30, 2028.","JPMorgan Chase Bank appointed as administrative agent, replacing Credit Suisse AG.","Springing Secured Indebtedness/EBITDA ratio threshold raised from $105M to $140M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-286868","json":"https://secwatch.observer/filing/0001193125-23-286868.json","markdown":"https://secwatch.observer/filing/0001193125-23-286868.md","text":"https://secwatch.observer/filing/0001193125-23-286868.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1319161/000119312523286868/0001193125-23-286868-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1319161/000119312523286868/d465517d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:15:11.871175+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":"7cbcb7b1b7902d8bef57cb98ffecf8de858f17b5","claim":"Warner Music Group Corp. amended Revolving Credit Agreement Amendment with JPMorgan Chase Bank, N.A. valued at increases commitments from $300 million to $350 million; extends maturity to November 30, 2028 (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, WMG Acquisition Corp. (“Acquisition Corp.”), a subsidiary of Warner Music Group Corp., entered into an amendment (the “Revolving Credit Agreement Amendment”) to the revolving credit agreement, dated January 31, 2018 (as amended by the amendments dated as of October 9, 2019, April 3, 2020, March 1, 2021 and March 23, 2023), among Acquisition Corp., the several banks and other financial institutions party thereto and Credit Suisse AG, Cayman Islands Branch, as predecessor administrative agent, governing Acquisition Corp.’s revolving credit facility (the “Facility”) with JPMorgan Chase Bank, N.A., as administrative agent, and the other financial institutions and lenders from time to time party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1319161/000119312523286868/0001193125-23-286868-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"increases commitments from $300 million to $350 million; extends maturity to November 30, 2028"},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}