{"schema_version":"secwatch.filing_event.v1","accession":"0001352010-25-000047","form_type":"8-K","ticker":"EPAM","cik":"0001352010","company_name":"EPAM Systems, Inc.","filed_at":"2025-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.213397+00:00","generated_at":"2026-05-17T04:33:24.224431+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"EPAM enters into new $700M revolving credit facility, upsizable to $1.2B","bullets":["New five-year $700M revolving credit facility replaces 2021 credit agreement, effective October 3, 2025.","Facility can be increased to up to $1.2B with lender consent; includes $250M alternative currency sublimit.","Borrowings bear interest at SOFR plus margin based on leverage ratio (0.875% to 1.625% per annum).","Leverage covenant: maximum consolidated leverage ratio of 3.50:1.00 (4.00:1.00 under certain conditions).","Proceeds for general corporate purposes, working capital, and permitted acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001352010-25-000047","json":"https://secwatch.observer/filing/0001352010-25-000047.json","markdown":"https://secwatch.observer/filing/0001352010-25-000047.md","text":"https://secwatch.observer/filing/0001352010-25-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000047/0001352010-25-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000047/epam-20251003.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:33:24.224431+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":[{"claim_id":"717ae558ad3fa4844d1b3c5b5950597194c57281","claim":"EPAM Systems, Inc. incurred revolving credit of $700 million with PNC Bank, National Association at SOFR rate...plus a margin based on EPAM's leverage ratio maturing five years.","evidence_excerpt":"The 2025 Revolving Facility provides for a five-year $700 million revolving credit facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000047/0001352010-25-000047-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$700 million"},{"label":"Counterparty","value":"PNC Bank, National Association"},{"label":"Rate","value":"SOFR rate...plus a margin based on EPAM's leverage ratio"},{"label":"Maturity","value":"five years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}