{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-172279","form_type":"8-K","ticker":"CHH","cik":"0001046311","company_name":"CHOICE HOTELS INTERNATIONAL INC /DE","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.026542+00:00","generated_at":"2026-06-01T00:24:36.348579+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":"Choice Hotels upsizes revolver to $1B, extends maturity to 2029","bullets":["Revolver increased from $850M to $1B; maturity extended to June 28, 2029 from August 20, 2026.","Option to increase commitments or add term loans by up to $500M with lender consent.","SOFR-based loans priced at 0.90%–1.50% margin over SOFR based on debt ratings or leverage ratio.","Covenants: fixed charge coverage ≥2.5x, total leverage ≤4.5x (up to 5.5x on material acquisitions if investment grade).","Proceeds for general corporate purposes including working capital, debt repayment, stock repurchases, dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-172279","json":"https://secwatch.observer/filing/0001193125-24-172279.json","markdown":"https://secwatch.observer/filing/0001193125-24-172279.md","text":"https://secwatch.observer/filing/0001193125-24-172279.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046311/000119312524172279/0001193125-24-172279-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046311/000119312524172279/d860049d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:24:36.348579+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}