{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-324888","form_type":"8-K","ticker":"EXTR","cik":"0001078271","company_name":"EXTREME NETWORKS INC","filed_at":"2026-07-30T11:17:15+00:00","discovered_at":"2026-07-30T11:20:00.288671+00:00","generated_at":"2026-07-30T11:20:16.041230+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Extreme Networks enters $500M revolving credit facility, repays existing debt","bullets":["New 5-year $500M revolver with JPMorgan as admin agent, matures July 29, 2031.","Borrowed $200M at closing to repay existing credit facility; $300M remains available.","Interest rates: SOFR + 1.25%-2.00% or base rate + 0.25%-1.00%, based on leverage.","Financial covenants: interest coverage ≥3.00x, total net leverage ≤3.75x (step-up to 4.25x for acquisitions).","Uncommitted accordion feature up to $175M plus additional amounts."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-324888","json":"https://secwatch.observer/filing/0001193125-26-324888.json","markdown":"https://secwatch.observer/filing/0001193125-26-324888.md","text":"https://secwatch.observer/filing/0001193125-26-324888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078271/000119312526324888/0001193125-26-324888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078271/000119312526324888/extr-20260729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-30T11:20:16.041230+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"}