{"schema_version":"secwatch.filing_event.v1","accession":"0001591698-22-000144","form_type":"8-K","ticker":"PCTY","cik":"0001591698","company_name":"Paylocity Holding Corp","filed_at":"2022-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.288148+00:00","generated_at":"2026-06-23T22:17:01.319995+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Paylocity expands credit facility to $550M and extends maturity to 2027","bullets":["Revolving credit facility increased from $250M to $550M, with option to expand to $825M.","Maturity extended from July 2024 to August 2027, with two possible 1-year extensions.","Interest rate benchmark switched from LIBOR to SOFR plus margin of 0.875%-1.50%.","Swing loan and letter of credit sublimits each raised from $25M to $55M.","Proceeds for working capital, capex, acquisitions, and share repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001591698-22-000144","json":"https://secwatch.observer/filing/0001591698-22-000144.json","markdown":"https://secwatch.observer/filing/0001591698-22-000144.md","text":"https://secwatch.observer/filing/0001591698-22-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591698/000159169822000144/0001591698-22-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591698/000159169822000144/pcty-20220819.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T22:17:01.319995+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"}