{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-019548","form_type":"8-K","ticker":"KODK","cik":"0000031235","company_name":"EASTMAN KODAK CO","filed_at":"2023-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.227225+00:00","generated_at":"2026-06-13T11:20:47.748732+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Eastman Kodak secures $450M term loan facility at 12.5% interest; extends maturity to 2028","bullets":["New $450M term loan from Kennedy Lewis affiliates at 7.5% cash + 5.0% PIK (12.5% total).","Proceeds repay existing $275M term loan, $25M convertible notes, and terminate ABL facility.","Maturity extended to Aug 15, 2028 (or 91 days prior to preferred stock redemption).","L/C facility increased by $50M to $100M total, then reducing to $50M after Aug 30, 2023; 104% cash collateral required.","KLIM retains board nomination right as long as it holds ≥$200M of original principal; Darren Richman remains on board."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-019548","json":"https://secwatch.observer/filing/0001437749-23-019548.json","markdown":"https://secwatch.observer/filing/0001437749-23-019548.md","text":"https://secwatch.observer/filing/0001437749-23-019548.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31235/000143774923019548/0001437749-23-019548-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31235/000143774923019548/ekc20230705_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T11:20:47.748732+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":"99d5f6895b9a686e4ba239c6c03a5d7389e23008","claim":"EASTMAN KODAK CO amended Term Loan Amendment with certain funds affiliated with Kennedy Lewis Investment Management LLC and Alter Domus (US) LLC valued at $450,000,000 (effective 2023-06-30).","evidence_excerpt":"On June 30, 2023, Eastman Kodak Company (the “ Company ”) and certain of its subsidiaries (the “ Subsidiary Guarantors ”) entered into an amendment (the “ Term Loan Amendment ”) to the Credit Agreement, dated as of February 26, 2021, among the Company and certain funds affiliated with Kennedy Lewis Investment Management LLC (“ KLIM ”) as lenders (the “ Term Loan Lenders ”) and Alter Domus (US) LLC, as administrative agent (the “ Agent ”) (the “ Existing Term Loan Credit Agreement ” and, as amended and restated by the Term Loan Amendment, the “ Amended and Restated Term Loan Credit Agreement ”), with the Agent and certain funds affiliated with KLIM named therein (the “ Refinancing Term Loan Lenders ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31235/000143774923019548/0001437749-23-019548-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"certain funds affiliated with Kennedy Lewis Investment Management LLC and Alter Domus (US) LLC"},{"label":"Value","value":"$450,000,000"},{"label":"Effective","value":"2023-06-30"}],"fact_type":"material_agreement"},{"claim_id":"aa217ae51daec6df4d30015ade6441f14c640d9c","claim":"EASTMAN KODAK CO amended L/C Facility Amendment with Bank of America, N.A. (as L/C Lender, L/C Agent, and Issuing Bank) valued at up to $100,000,000 (effective 2023-06-30).","evidence_excerpt":"On June 30, 2023, the Company and the Subsidiary Guarantors entered into an amendment (the “ L/C Facility Amendment ”) to the Letter of Credit Facility Agreement, dated as of February 26, 2021, among the Company, the Subsidiary Guarantors, Bank of America, N.A., as a lender (the “ L/C Lender ”), the other lenders party thereto, Bank of America, N.A., as agent (the “ L/C Agent ”), and Bank of America, N.A., as issuing bank (the “ Issuing Bank ”) (as amended, amended and restated, modified and supplemented prior to the L/C Facility Amendment, the “ Existing L/C Facility Agreement ” and, as amended and restated by the L/C Facility Amendment, the “ Amended and Restated L/C Facility Agreement ”), with Bank of America, N.A., as L/C Lender, L/C Agent and Issuing Bank.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31235/000143774923019548/0001437749-23-019548-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A. (as L/C Lender, L/C Agent, and Issuing Bank)"},{"label":"Value","value":"up to $100,000,000"},{"label":"Effective","value":"2023-06-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}