{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-220656","form_type":"8-K","ticker":"COHR","cik":"0000820318","company_name":"COHERENT CORP.","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.449278+00:00","generated_at":"2026-05-17T05:38:05.952385+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Coherent refinances debt: $700M revolver, $1.25B term A, $1.08B term B-3 loans","bullets":["Amendment No. 4 adds $700M revolving facility and $1.25B term A loans; proceeds repay existing term A loans and partially prepay term B-2 loans.","Amendment No. 5 replaces remaining term B-2 loans with $1.08B term B-3 loans; interest margin 1.75% (term benchmark) with 0.50% floor.","New revolver and term A loans mature September 2030; term B-3 loans mature unchanged from prior term B-2 maturity.","Financial covenant reset: maximum total net leverage ratio 4.25x (temporary step-up to 4.75x post-acquisition); interest coverage minimum 2.50x.","Use of proceeds: repay existing term A loans, voluntary prepay term B-2 loans; remainder for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-220656","json":"https://secwatch.observer/filing/0001193125-25-220656.json","markdown":"https://secwatch.observer/filing/0001193125-25-220656.md","text":"https://secwatch.observer/filing/0001193125-25-220656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/820318/000119312525220656/0001193125-25-220656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/820318/000119312525220656/d854664d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:38:05.952385+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"}