{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-031153","form_type":"8-K","ticker":"ESCA","cik":"0000033488","company_name":"ESCALADE INC","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.705855+00:00","generated_at":"2026-05-30T14:57:27.457042+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Escalade amends credit agreement: revolver cut to $60M, adds interest coverage covenant of 3.50x","bullets":["Maximum revolver reduced from $75M to $60M; accordion feature allows increase up to $85M.","Fixed charge coverage ratio replaced by minimum interest coverage ratio of 3.50:1.00, effective September 30, 2024.","Restricted payments cap: if Funded Debt/EBITDA >1.75, combined cash dividends and share repurchases limited to $12M in trailing 12 months.","Pricing improved: two Applicable Rate categories eliminated, reducing margins when leverage above 3.0x.","Borrowing base certificates now required monthly instead of quarterly; maturity remains January 21, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-031153","json":"https://secwatch.observer/filing/0001437749-24-031153.json","markdown":"https://secwatch.observer/filing/0001437749-24-031153.md","text":"https://secwatch.observer/filing/0001437749-24-031153.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/33488/000143774924031153/0001437749-24-031153-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/33488/000143774924031153/esca20241011_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:57:27.457042+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"}