{"schema_version":"secwatch.filing_event.v1","accession":"0001261654-22-000076","form_type":"8-K","ticker":"UTI","cik":"0001261654","company_name":"UNIVERSAL TECHNICAL INSTITUTE INC","filed_at":"2022-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.009391+00:00","generated_at":"2026-06-26T06:26:39.239143+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"UTI's subsidiary enters $38M term loan with Valley National Bank to refinance Lisle campus mortgage","bullets":["Term loan principal $38M, matures in 7 years; interest at 1-month SOFR + 2.0%.","Interest rate swap fixes rate at 4.69% on 50% of principal for full term.","Parent UTI guarantees payment; covenants include fixed charge coverage ≥1.25x and debt/EBITDA ≤3.50x.","Loan secured by mortgage on Lisle, IL campus; proceeds retire previous mortgage debt.","Covenant testing begins June 30, 2022, quarterly for fixed charge coverage, annually for leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001261654-22-000076","json":"https://secwatch.observer/filing/0001261654-22-000076.json","markdown":"https://secwatch.observer/filing/0001261654-22-000076.md","text":"https://secwatch.observer/filing/0001261654-22-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1261654/000126165422000076/0001261654-22-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1261654/000126165422000076/uti-20220414.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T06:26:39.239143+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"}