{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-314198","form_type":"8-K","ticker":"ADTN","cik":"0000926282","company_name":"ADTRAN Holdings, Inc.","filed_at":"2026-07-23T20:30:32+00:00","discovered_at":"2026-07-23T20:32:00.382429+00:00","generated_at":"2026-07-23T20:32:10.552459+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ADTRAN enters $350M senior secured credit facility led by JPMorgan, replacing prior Wells Fargo facility","bullets":["New $350M senior secured credit facility led by JPMorgan replaces prior Wells Fargo facility; German borrower sublimit $50M.","Interest rate margins: Term Benchmark Rate + 2.25%-3.25%, Base Rate + 1.25%-2.25%, with 0.00% floor.","Covenants: max senior secured net leverage 3.25x, min fixed charge coverage 1.25x, liquidity floor $50M during springing period.","Company states facility enhances liquidity, lowers borrowing costs, extends maturities, and improves financial flexibility.","Prior credit agreement and related collateral agreements terminated on July 21, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-314198","json":"https://secwatch.observer/filing/0001193125-26-314198.json","markdown":"https://secwatch.observer/filing/0001193125-26-314198.md","text":"https://secwatch.observer/filing/0001193125-26-314198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/926282/000119312526314198/0001193125-26-314198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/926282/000119312526314198/adtn-20260721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-23T20:32:10.552459+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"}