{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-417011","form_type":"8-K","ticker":"MGNI","cik":"0001595974","company_name":"MAGNITE, INC.","filed_at":"2026-10-07T20:32:21+00:00","discovered_at":"2026-10-07T20:33:00.245774+00:00","generated_at":"2026-10-12T15:49:27.744010+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Magnite reprices $358M Term Loan B to SOFR+2.50%, cutting 50bps; ~$1.8M annual interest savings","bullets":["Amendment No. 3 to the Feb 6, 2024 credit agreement cuts the Term Loan B margin by 50bps to Term SOFR + 2.50% (from 3.00%); the $358M term loan still matures February 2031.","Revolving credit facility margin cut 100bps: borrowings on the $175M facility now bear Term SOFR + 2.50%-3.00%, down from 3.50%-4.00%; revolver matures February 2029.","Magnite estimates the repricing yields approximately $1.8M in annualized cash interest savings, a cumulative 250bps reduction versus the rate before the February 2024 term loan refinancing.","CFO Brian Gephart credits balance-sheet strength and cash flow generation; all other material terms on both facilities remain substantially unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-417011","json":"https://secwatch.observer/filing/0001193125-26-417011.json","markdown":"https://secwatch.observer/filing/0001193125-26-417011.md","text":"https://secwatch.observer/filing/0001193125-26-417011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1595974/000119312526417011/0001193125-26-417011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1595974/000119312526417011/d149525d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:49:27.744010+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"}