{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-007965","form_type":"8-K","ticker":"BLD","cik":"0001633931","company_name":"TopBuild Corp","filed_at":"2025-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.140441+00:00","generated_at":"2026-05-21T01:45:11.964563+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TopBuild upsizes credit facilities to $2.25B, extends maturity to 2030","bullets":["Revolving credit facility increased from $500M to $1.0B; new $1.0B term loan and $250M delayed draw term loan added.","Maturity extended to May 16, 2030; max consolidated net leverage ratio raised to 3.75:1 from 3.50:1.","Borrowings bear interest at SOFR plus 1.25% per annum, subject to leverage-based pricing grid.","CFO Rob Kuhns says transaction increases liquidity and financial flexibility for capital allocation."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-007965","json":"https://secwatch.observer/filing/0001558370-25-007965.json","markdown":"https://secwatch.observer/filing/0001558370-25-007965.md","text":"https://secwatch.observer/filing/0001558370-25-007965.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633931/000155837025007965/0001558370-25-007965-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633931/000155837025007965/bld-20250516x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T01:45:11.964563+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"}