{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-047187","form_type":"8-K","ticker":"NTAP","cik":"0001002047","company_name":"NetApp, Inc.","filed_at":"2025-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.639904+00:00","generated_at":"2026-05-25T08:48:44.410493+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NetApp enters $1.0B unsecured revolving credit facility maturing 2030","bullets":["Revolver size of $1.0B with $50M letter of credit sublimit; maturity March 5, 2030, with two 1-year extension options.","Expansion option allows increase up to an additional $500M, for total potential commitments of $1.5B.","Interest at base rate or adjusted term SOFR plus spread based on credit ratings (0–0.325% base, 0.805–1.325% SOFR).","Covenant includes maximum leverage ratio tested quarterly; proceeds for general corporate purposes and commercial paper support.","No borrowings or letters of credit outstanding at closing on March 5, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-047187","json":"https://secwatch.observer/filing/0001193125-25-047187.json","markdown":"https://secwatch.observer/filing/0001193125-25-047187.md","text":"https://secwatch.observer/filing/0001193125-25-047187.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002047/000119312525047187/0001193125-25-047187-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002047/000119312525047187/d830679d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T08:48:44.410493+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"}