{"schema_version":"secwatch.filing_event.v1","accession":"0001504337-23-000035","form_type":"8-K","ticker":"CLW","cik":"0001441236","company_name":"Clearwater Paper Corp","filed_at":"2023-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.088103+00:00","generated_at":"2026-06-09T06:53:14.569294+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Clearwater Paper refinances $270M 5.375% Notes due 2025 with new AgWest facility","bullets":["Entered $270M revolving credit facility with AgWest Farm Credit; $150M drawn to partially fund redemption of 5.375% senior notes due 2025.","All $270M principal of 5.375% Senior Notes due 2025 to be redeemed Nov 27, 2023; expects redemption premium of $2.7M plus $4.7M accrued interest.","New borrowings bear interest at SOFR + 3.65%; initial $150M draw is a 1-year fixed-rate loan at 9.13%.","New facility matures Oct 27, 2028 or earlier 91 days before 4.750% 2028 Notes maturity, subject to liquidity test.","Obligations secured by substantially all personal property of the Company and domestic subsidiary guarantors."],"urls":{"canonical":"https://secwatch.observer/filing/0001504337-23-000035","json":"https://secwatch.observer/filing/0001504337-23-000035.json","markdown":"https://secwatch.observer/filing/0001504337-23-000035.md","text":"https://secwatch.observer/filing/0001504337-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1441236/000150433723000035/0001504337-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1441236/000150433723000035/clw-20231027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T06:53:14.569294+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":"993d24ace850abe4ae111d1c6c68a0484cef2a47","claim":"Clearwater Paper Corp incurred credit facility of $270 million with AgWest Farm Credit, PCA at one-year fixed rate loan that will bear interest at an all-in interest rate of 9 maturing October 27, 2028.","evidence_excerpt":"party thereto (the “PCA Credit Agreement”). The credit facility provided under the PCA Credit Agreement consists of a revolving term loan commitment initially in the amount of $270 million, $150 million of which was disbursed on the Closing Date in order to pay a portion of the price associated with the redemption of the outstanding Notes. The lending commitment","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1441236/000150433723000035/0001504337-23-000035-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$270 million"},{"label":"Counterparty","value":"AgWest Farm Credit, PCA"},{"label":"Rate","value":"one-year fixed rate loan that will bear interest at an all-in interest rate of 9"},{"label":"Maturity","value":"October 27, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}