{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-273442","form_type":"8-K/A","ticker":"LPLA","cik":"0001397911","company_name":"LPL Financial Holdings Inc.","filed_at":"2024-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.340502+00:00","generated_at":"2026-05-29T05:34:28.378117+00:00","sec_items":["2.03","9.01","1.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"LPL Financial refinances $1.02B Term Loan B with new Term Loan A; expects ~$4M annual interest savings","bullets":["Refinanced $1.019B Term Loan B with new $1.02B Term Loan A due Dec 5, 2026.","Interest spread reduced from Term SOFR+175bps to +137.5bps; expected ~$4M annual savings.","No required amortization; subject to same financial covenants as existing revolver.","Subsidiary guarantees and collateral released; restrictive covenants suspended.","Proceeds used to refinance existing term loans, pay fees, and for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-273442","json":"https://secwatch.observer/filing/0001193125-24-273442.json","markdown":"https://secwatch.observer/filing/0001193125-24-273442.md","text":"https://secwatch.observer/filing/0001193125-24-273442.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524273442/0001193125-24-273442-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524273442/d796881d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T05:34:28.378117+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"}