{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-009834","form_type":"8-K","ticker":"PLOW","cik":"0001287213","company_name":"DOUGLAS DYNAMICS, INC","filed_at":"2025-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.191696+00:00","generated_at":"2026-05-24T02:55:40.007905+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Douglas Dynamics refinances with $150M term loan and $125M revolver due 2030","bullets":["New credit agreement includes $150M senior secured term loan and $125M revolving facility.","Facilities mature March 26, 2030; replace prior credit agreement dated June 2021.","Term loan interest at SOFR plus 1.375%-2.00%; revolver rates similarly based on leverage.","Leverage ratio covenant ≤3.50x; interest coverage ≥3.00x; secured by substantially all personal property.","Proceeds used to refinance existing term loan and revolving facilities under original credit agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-009834","json":"https://secwatch.observer/filing/0001437749-25-009834.json","markdown":"https://secwatch.observer/filing/0001437749-25-009834.md","text":"https://secwatch.observer/filing/0001437749-25-009834.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287213/000143774925009834/0001437749-25-009834-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287213/000143774925009834/plow20250327_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:55:40.007905+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"}