{"schema_version":"secwatch.filing_event.v1","accession":"0001357615-24-000004","form_type":"8-K","ticker":"KBR","cik":"0001357615","company_name":"KBR, INC.","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.940058+00:00","generated_at":"2026-06-06T19:55:55.482967+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KBR closes $1B incremental term B loan, extends maturity to 2031","bullets":["Borrowed $1.0B incremental Term B loan; used to repay existing term B loans and partially reduce revolver.","Maturity extended from Feb 2027 to Jan 2031; interest rate margin set at 2.25% Term SOFR (initial), stepping down to 2.00% at low leverage.","Quarterly amortization of 0.25% of initial principal ($2.5M/quarter) begins June 2024.","Consolidated net leverage ratio unchanged; other material terms remain substantially the same.","1.00% prepayment premium applies on repricing events within six months (excludes change of control, asset sale, material acquisition)."],"urls":{"canonical":"https://secwatch.observer/filing/0001357615-24-000004","json":"https://secwatch.observer/filing/0001357615-24-000004.json","markdown":"https://secwatch.observer/filing/0001357615-24-000004.md","text":"https://secwatch.observer/filing/0001357615-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1357615/000135761524000004/0001357615-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1357615/000135761524000004/kbr-20240119.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:55:55.482967+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":"9385bc40a37b73a90653c0558161561dca8fdcf3","claim":"KBR, INC. incurred term loan of $1.0 billion with Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, the lenders party thereto maturing January 19, 2031.","evidence_excerpt":"On January 19, 2024, the Company borrowed the full $1.0 billion principal amount available under this additional loan","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1357615/000135761524000004/0001357615-24-000004-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent, swing line lender and a letter of credit issuer, the lenders party thereto"},{"label":"Maturity","value":"January 19, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0a9fe0acf37e4f0994e6b7b575fc5bd9b94edf86","claim":"KBR, INC. amended Credit Agreement with Bank of America, N.A. valued at $1.0 billion (effective 2024-01-19).","evidence_excerpt":"On January 19, 2024, KBR, Inc. (the “Company”) entered into Amendment No. 11 (the “Amendment”) to its existing Credit Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1357615/000135761524000004/0001357615-24-000004-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Value","value":"$1.0 billion"},{"label":"Effective","value":"2024-01-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}