{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-210108","form_type":"8-K","ticker":"LAMR","cik":"0001090425","company_name":"LAMAR ADVERTISING CO/NEW","filed_at":"2025-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.313502+00:00","generated_at":"2026-05-17T05:56:38.020260+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Lamar proposes $400M senior note offering and $700M Term B Loan refinancing","bullets":["Lamar Media seeks $400M private placement of senior notes, guaranteed by domestic subsidiaries.","Net proceeds from notes will repay revolver and accounts receivable securitization debt.","Also pursuing $700M seven-year senior secured Term B Loan to fully refinance the existing $600M term loan.","Excess proceeds from the Amendment will go toward reducing the revolving credit facility balance.","New ESG risk factor added regarding reputational damage from controversial advertisement content."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-210108","json":"https://secwatch.observer/filing/0001193125-25-210108.json","markdown":"https://secwatch.observer/filing/0001193125-25-210108.md","text":"https://secwatch.observer/filing/0001193125-25-210108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090425/000119312525210108/0001193125-25-210108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899045/000119312525210108/d10973d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:56:38.020260+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"}