{"schema_version":"secwatch.filing_event.v1","accession":"0001606757-24-000075","form_type":"8-K","ticker":"KE","cik":"0001606757","company_name":"Kimball Electronics, Inc.","filed_at":"2024-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.953943+00:00","generated_at":"2026-05-29T00:18:13.353839+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Kimball Electronics enters $100M term loan facility, amends credit agreement","bullets":["Entered $100M term loan facility under amended credit agreement; term loan matures Dec 20, 2029, with quarterly repayments starting Mar 31, 2025.","Existing $300M revolving credit commitment unchanged, maturity May 4, 2027; option to increase by $150M to $450M.","Proceeds used to refinance existing debt and pay off $100M secondary facility; $100M drawn at closing.","Subsidiary changes: KEI merged into Averna, KET to be dissolved, new KEJ entity formed and joined as loan party.","Financial covenants unchanged: max leverage 3.0x (3.5x post-acquisition), min interest coverage 3.5x."],"urls":{"canonical":"https://secwatch.observer/filing/0001606757-24-000075","json":"https://secwatch.observer/filing/0001606757-24-000075.json","markdown":"https://secwatch.observer/filing/0001606757-24-000075.md","text":"https://secwatch.observer/filing/0001606757-24-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606757/000160675724000075/0001606757-24-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606757/000160675724000075/ke-20241220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T00:18:13.353839+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"}