{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-003123","form_type":"8-K","ticker":null,"cik":"0001593548","company_name":"PlayAGS, Inc.","filed_at":"2024-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.744483+00:00","generated_at":"2026-06-06T09:09:59.719173+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"PlayAGS reprices term loan to SOFR+3.75% and repays $15M of debt","bullets":["Seventh Amendment removes credit spread adjustment; margin reduced to SOFR+3.75% (ABR+2.75%).","Voluntary $15M debt repayment; annualized cash interest savings estimated at over $3M at current SOFR.","CFO states transactions will help expedite deleveraging objectives."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-003123","json":"https://secwatch.observer/filing/0001437749-24-003123.json","markdown":"https://secwatch.observer/filing/0001437749-24-003123.md","text":"https://secwatch.observer/filing/0001437749-24-003123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593548/000143774924003123/0001437749-24-003123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593548/000143774924003123/ags20240205_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:09:59.719173+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":"ed3d41fc78e8aa2aadf43c7718ef0d0f3135eb03","claim":"PlayAGS, Inc. amended credit facility with Jefferies Finance LLC at removes the credit spread adjustment with respect to term loan borrowings in Ter.","evidence_excerpt":"the Seventh Amendment (i) removes the credit spread adjustment with respect to term loan borrowings in Term SOFR (as defined in the Amended Credit Agreement) and (ii) reduces the Applicable Margin (as defined in the Amended Credit Agreement) on the Borrower’s existing term loan to 3.75% for Term SOFR borrowings and 2.75% for ABR (as defined in the Amended Credit Agreement) borrowings.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593548/000143774924003123/0001437749-24-003123-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Jefferies Finance LLC"},{"label":"Rate","value":"removes the credit spread adjustment with respect to term loan borrowings in Ter"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"88840a7413f7cae8f2759af36d2e3a6303261b01","claim":"PlayAGS, Inc. amended Seventh Amendment with Jefferies Finance LLC, as administrative agent (effective 2024-02-05).","evidence_excerpt":"On February 5, 2024, AP Gaming I, LLC (the “Borrower”), a Delaware limited liability company and wholly owned indirect subsidiary of PlayAGS, Inc. (the “Company”), and AP Gaming Holdings, LLC (“Holdings”), a Delaware limited liability company and wholly owned indirect subsidiary of the Company, entered into an amendment (the “Seventh Amendment”) to amend that certain First Lien Credit Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593548/000143774924003123/0001437749-24-003123-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Jefferies Finance LLC, as administrative agent"},{"label":"Effective","value":"2024-02-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}