{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-134604","form_type":"8-K","ticker":"LNC","cik":"0000059558","company_name":"LINCOLN NATIONAL CORP","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.454653+00:00","generated_at":"2026-05-15T08:17:50.538229+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Lincoln National enters amended $2B credit facility maturing 2031","bullets":["$2.0B unsecured revolving credit facility (letters of credit and loans) matures March 27, 2031; replaces Dec 2023 agreement.","Minimum consolidated net worth set at $9.932B plus 50% of equity issuance proceeds after Dec 31, 2025.","Debt-to-capital ratio capped at 0.35 to 1.00; secured non-operating debt of subsidiaries limited to 7.5% of total capitalization.","Facility fee 0.125% p.a. on aggregate commitment; letter of credit commission 1.0% p.a., subject to rating-based adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-134604","json":"https://secwatch.observer/filing/0001193125-26-134604.json","markdown":"https://secwatch.observer/filing/0001193125-26-134604.md","text":"https://secwatch.observer/filing/0001193125-26-134604.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/59558/000119312526134604/0001193125-26-134604-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/59558/000119312526134604/d122920d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:17:50.538229+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":"c9234c7a869f79e61aa1ad2344fda03079aed10f","claim":"LINCOLN NATIONAL CORP entered into Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, and the other lenders named therein valued at $2.0 billion (effective 2026-03-27).","evidence_excerpt":"On March 27, 2026, Lincoln National Corporation (the “Company”) entered into an amended and restated credit agreement with a syndicate of banks, including Bank of America, N.A., as administrative agent, and the other lenders named therein (the “Third Amended and Restated Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/59558/000119312526134604/0001193125-26-134604-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent, and the other lenders named therein"},{"label":"Value","value":"$2.0 billion"},{"label":"Effective","value":"2026-03-27"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}