{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-276128","form_type":"8-K","ticker":"WEN","cik":"0000030697","company_name":"Wendy's Co","filed_at":"2025-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.669127+00:00","generated_at":"2026-05-16T21:53:01.875559+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Wendy's subsidiaries to issue $400M in new securitized notes; proceeds to repay existing debt","bullets":["New $400M fixed rate senior secured notes (Series 2025-1 Class A-2) to be issued.","Proceeds to repay $400M of existing debt including 3.783% notes and 7% debentures due Dec 2025.","Remaining proceeds for transaction fees, growth initiatives, return of capital to shareholders.","Offering subject to market conditions; no guarantee of completion.","Notes sold under exemption from registration; no public offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-276128","json":"https://secwatch.observer/filing/0001193125-25-276128.json","markdown":"https://secwatch.observer/filing/0001193125-25-276128.md","text":"https://secwatch.observer/filing/0001193125-25-276128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/30697/000119312525276128/0001193125-25-276128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/30697/000119312525276128/d16421d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T21:53:01.875559+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"}