{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-272571","form_type":"8-K","ticker":"BILL","cik":"0001786352","company_name":"BILL Holdings, Inc.","filed_at":"2024-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.628117+00:00","generated_at":"2026-05-29T06:40:03.502110+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BILL closes $1.4B 0% convertible note offering due 2030; repurchases existing notes and shares","bullets":["Issued $1.4B 0% convertible notes due 2030; conversion price ~$119.45/share (35% premium to $88.48 close).","Net proceeds ~$1.38B; used ~$130.8M to repurchase $133.9M of 2025 notes, ~$408.6M for $451.5M of 2027 notes, ~$200M for 2.26M shares at $88.48, and ~$93M for capped calls.","Capped call transactions entered to offset potential dilution; counterparties may hedge in secondary market, impacting stock price.","Remaining proceeds for general corporate purposes, including additional debt repurchases, share buybacks, working capital, and M&A."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-272571","json":"https://secwatch.observer/filing/0001193125-24-272571.json","markdown":"https://secwatch.observer/filing/0001193125-24-272571.md","text":"https://secwatch.observer/filing/0001193125-24-272571.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786352/000119312524272571/0001193125-24-272571-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786352/000119312524272571/d869368d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T06:40:03.502110+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"}