{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-116017","form_type":"8-K/A","ticker":"STRZ","cik":"0000929351","company_name":"STARZ ENTERTAINMENT CORP /CN/","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.865233+00:00","generated_at":"2026-05-22T06:31:24.638946+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Starz corrects credit facility maturity to five years (was four) in 8-K/A","bullets":["Credit agreement dated May 6, 2025 provides $300M term loan and $150M revolving facility.","Maturity corrected to five years after closing; original 8-K erroneously stated four years.","Borrowings bear interest at Term SOFR plus 3.00% or base rate plus 2.00%, subject to leverage-based grid.","Covenants include Net Total Leverage Ratio stepping down from 4.50x to 3.50x over four years.","Facilities used for working capital, general corporate purposes, and permitted acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-116017","json":"https://secwatch.observer/filing/0001193125-25-116017.json","markdown":"https://secwatch.observer/filing/0001193125-25-116017.md","text":"https://secwatch.observer/filing/0001193125-25-116017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/929351/000119312525116017/0001193125-25-116017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/929351/000119312525116017/d867517d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T06:31:24.638946+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":[{"claim_id":"16b040ac0bc0ed348bf2c6d0e5edfc4890787463","claim":"STARZ ENTERTAINMENT CORP /CN/ incurred credit facility of $300.0 million senior secured term loan credit facility and $150.0 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR (subject to a 0.00% floor) or a base rate, in each case plus an applic maturing five years after the closing date of the facility.","evidence_excerpt":"“Borrower”), the guarantors referred to therein, the lenders referred to therein and JPMorgan Chase Bank, N.A., as administrative agent. The Credit Agreement provides for (i) a $300.0 million senior secured term loan credit facility and (ii) a $150.0 million senior secured revolving credit facility. The Credit Agreement and commitments thereunder will mature on the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/929351/000119312525116017/0001193125-25-116017-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$300.0 million senior secured term loan credit facility and $150.0 million senior secured revolving credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR (subject to a 0.00% floor) or a base rate, in each case plus an applic"},{"label":"Maturity","value":"five years after the closing date of the facility"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}