{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-279573","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2026-06-23T20:34:30+00:00","discovered_at":"2026-06-23T20:35:01.482107+00:00","generated_at":"2026-06-23T20:35:15.318051+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NNN REIT increases term loan facility to $500M via $200M incremental tranche; reduces borrowing spreads","bullets":["Exercised $200M incremental term loan option, increasing total term loan facility to $500M.","New borrowings mature Feb 15, 2029, with two one-year extension options; SOFR fixed at 3.43% via $100M swap.","SOFR-based margin lowered to 0.800% (from 0.850%) on term loan and to 0.725% (from 0.775%) on revolver.","Proceeds from incremental term loan to be used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-279573","json":"https://secwatch.observer/filing/0001193125-26-279573.json","markdown":"https://secwatch.observer/filing/0001193125-26-279573.md","text":"https://secwatch.observer/filing/0001193125-26-279573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000119312526279573/0001193125-26-279573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000119312526279573/nnn-20260623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T20:35:15.318051+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"}