{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-328691","form_type":"8-K","ticker":"LITE","cik":"0001633978","company_name":"Lumentum Holdings Inc.","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.995373+00:00","generated_at":"2026-05-16T12:25:14.169898+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Lumentum enters $400M senior secured revolving credit facility maturing 2030","bullets":["Facility includes $23M letter of credit sublimit; no amounts outstanding as of December 19, 2025.","Interest rates: Base rate +0.50%-1.50% or Term SOFR +1.50%-2.50%, based on secured net leverage ratio.","Financial covenants: secured net leverage ≤ 3.25x (step-up to 3.75x for acquisitions) and interest coverage ≥ 3.00x.","Obligations secured by substantially all assets of Lumentum and material domestic subsidiaries.","Proceeds may be used for working capital and general corporate purposes; commitments expire December 19, 2030."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-328691","json":"https://secwatch.observer/filing/0001193125-25-328691.json","markdown":"https://secwatch.observer/filing/0001193125-25-328691.md","text":"https://secwatch.observer/filing/0001193125-25-328691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633978/000119312525328691/0001193125-25-328691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633978/000119312525328691/d38670d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:25:14.169898+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":"e51580e517060fc0b6084159beaa5c5d2fe56edd","claim":"Lumentum Holdings Inc. incurred revolving credit of $400.0 million with Wells Fargo Bank, National Association (as administrative agent) at base rate plus an applicable margin ranging from 0.50% to 1.50%, or a term SOFR maturing December 19, 2030.","evidence_excerpt":"The Credit Agreement provides for a senior secured revolving credit facility in an aggregate principal amount of $400.0 million, including a $23.0 million sublimit for the issuance of letters of credit.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000119312525328691/0001193125-25-328691-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$400.0 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association (as administrative agent)"},{"label":"Rate","value":"base rate plus an applicable margin ranging from 0.50% to 1.50%, or a term SOFR"},{"label":"Maturity","value":"December 19, 2030"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}