{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-052936","form_type":"8-K","ticker":"KLXE","cik":"0001738827","company_name":"KLX Energy Services Holdings, Inc.","filed_at":"2025-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.673491+00:00","generated_at":"2026-05-24T22:37:28.247490+00:00","sec_items":["1.01","1.02","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KLX closes $232M senior secured notes due 2030, $125M ABL; redeems 2025 notes","bullets":["Issued $232M new Senior Secured Floating Rate Cash/PIK Notes due March 2030, plus warrants for 2.37M shares at $0.01.","Closed new $125M ABL credit facility due 2028, with $10M FILO and $25M incremental loan option.","Used proceeds to redeem existing 11.500% senior secured notes due 2025; deposited $97.1M with trustee.","Terminated prior JPM ABL facility, prepaying ~$50.2M, and provided $8.1M cash collateral for letters of credit.","New notes secured by first-priority lien on assets; covenants include total net leverage ratio and capex limits."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-052936","json":"https://secwatch.observer/filing/0001193125-25-052936.json","markdown":"https://secwatch.observer/filing/0001193125-25-052936.md","text":"https://secwatch.observer/filing/0001193125-25-052936.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1738827/000119312525052936/0001193125-25-052936-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1738827/000119312525052936/d936400d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T22:37:28.247490+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"}