{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-080703","form_type":"8-K","ticker":null,"cik":"0001124941","company_name":"BEACON ROOFING SUPPLY INC","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.459668+00:00","generated_at":"2026-06-04T05:44:49.618335+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Beacon Roofing upsizes term loan to $1.275B, cuts rate to SOFR+2.00%","bullets":["Amends existing $1.0B term loan facility, increasing principal to $1.275B.","Interest rate reduced to Term SOFR + 2.00% (0.00% floor), from prior margin.","Proceeds repay outstanding 2028 term loans; $342.5M new commitment from Citibank.","$975M classified as Specified Refinancing Debt; $300M as incremental new loan.","Effective March 28, 2024; all conditions satisfied on that date."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-080703","json":"https://secwatch.observer/filing/0001193125-24-080703.json","markdown":"https://secwatch.observer/filing/0001193125-24-080703.md","text":"https://secwatch.observer/filing/0001193125-24-080703.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1124941/000119312524080703/0001193125-24-080703-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1124941/000119312524080703/d816650d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:44:49.618335+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":"1bba35f83d8ec92500e5850e5c8874a6f77a03f1","claim":"BEACON ROOFING SUPPLY INC amended term loan of $1.275 billion with Citibank, N.A., as administrative agent at Term SOFR with a 0.00% floor, plus a margin equal to 2.00%.","evidence_excerpt":"the refinancing of all outstanding term loans under the Term Loan Credit Facility by, among other things, increasing the aggregate principal amount of outstanding term loans to $1.275 billion and reducing the interest rate to a rate per annum equal to Term SOFR with a 0.00% floor, plus a margin equal to 2.00%. Except as amended by Amendment No. 3, the remaining terms","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1124941/000119312524080703/0001193125-24-080703-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1.275 billion"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR with a 0.00% floor, plus a margin equal to 2.00%"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"29f0bd7c0f102cbcd8b13e698f71af531cfafa4d","claim":"BEACON ROOFING SUPPLY INC entered into Amendment No. 3 to the Amended and Restated Term Loan Credit Agreement with Citibank, N.A. valued at $1.275 billion (effective 2024-03-28).","evidence_excerpt":"On March 28, 2024, Beacon Roofing Supply, Inc. (the “Company”) entered into Amendment No. 3 to the Amended and Restated Term Loan Credit Agreement, by and among the Company, as borrower, Beacon Sales Acquisition, Inc., as guarantor, Citibank, N.A., as administrative agent, and the lenders party thereto (“Amendment No. 3”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1124941/000119312524080703/0001193125-24-080703-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A."},{"label":"Value","value":"$1.275 billion"},{"label":"Effective","value":"2024-03-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}