{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-305166","form_type":"8-K","ticker":"MFIN","cik":"0001000209","company_name":"MEDALLION FINANCIAL CORP","filed_at":"2023-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.761328+00:00","generated_at":"2026-06-07T06:12:32.435849+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Medallion Financial issues $12.5M of 9.00% Senior Notes due 2033","bullets":["$12.5M aggregate principal, 9.00% fixed rate, maturity Dec 30, 2033.","Interest payable semi-annually on June 30 and Dec 30, starting June 30, 2024.","Notes are unsecured, unsubordinated, rank pari passu with existing unsecured debt.","Proceeds from the private placement will be used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-305166","json":"https://secwatch.observer/filing/0001193125-23-305166.json","markdown":"https://secwatch.observer/filing/0001193125-23-305166.md","text":"https://secwatch.observer/filing/0001193125-23-305166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/0001193125-23-305166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/d204349d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:12:32.435849+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":"e905497a8f399cafe68d3322567ec8e902c6afdf","claim":"MEDALLION FINANCIAL CORP incurred senior notes of $12.5 million with a certain institutional investor at 9.00% per year maturing December 30, 2033.","evidence_excerpt":"On December 21, 2023, Medallion Financial Corp., a Delaware corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with a certain institutional investor relating to the private placement of the Company’s $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/0001193125-23-305166-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$12.5 million"},{"label":"Counterparty","value":"a certain institutional investor"},{"label":"Rate","value":"9.00% per year"},{"label":"Maturity","value":"December 30, 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ef181fde69759fa94a519765b40607049e26d8a4","claim":"MEDALLION FINANCIAL CORP entered into Note Purchase Agreement with a certain institutional investor valued at $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (effective 2023-12-21).","evidence_excerpt":"On December 21, 2023, Medallion Financial Corp., a Delaware corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with a certain institutional investor relating to the private placement of the Company’s $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/0001193125-23-305166-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"a certain institutional investor"},{"label":"Value","value":"$12.5 million aggregate principal amount of 9.00% Senior Notes due 2033"},{"label":"Effective","value":"2023-12-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}