{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-018563","form_type":"8-K","ticker":null,"cik":"0001322439","company_name":"Eagle Bulk Shipping Inc.","filed_at":"2023-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.379357+00:00","generated_at":"2026-06-14T22:15:15.088553+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Eagle Bulk upsizes credit facilities to $485.3M; adds $175M in new loans","bullets":["Aggregate senior secured facilities increased to $485.3M via amended credit agreement dated May 11, 2023.","New $75M term loan and $100M revolving credit facility added; both mature September 28, 2028.","Interest rate is SOFR plus 2.05%-2.75% based on leverage ratio and sustainability-linked criteria.","Proceeds for general corporate purposes including vessel purchases, stock buybacks, and debt retirement.","Facilities secured by 50 owned vessels and two vessels to be delivered by June 15, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-018563","json":"https://secwatch.observer/filing/0001628280-23-018563.json","markdown":"https://secwatch.observer/filing/0001628280-23-018563.md","text":"https://secwatch.observer/filing/0001628280-23-018563.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1322439/000162828023018563/0001628280-23-018563-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1322439/000162828023018563/egle-20230517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T22:15:15.088553+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":"3cd1a6e970937c24fe14ea124a954011bd90ddc7","claim":"Eagle Bulk Shipping Inc. amended credit facility of Aggregate principal amount increased to $485.3 million with Crédit Agricole Corporate and Investment Bank at Outstanding borrowings bear interest at a rate equal to the sum of Adjusted Term maturing September 28, 2028.","evidence_excerpt":"”). The Amended Credit Agreement provides for additional loans of up to $175.0 million, thereby increasing the aggregate principal amount of senior secured credit facilities to $485.3 million. Additional amounts provided under the Amended Credit Agreement consist of (i) an additional term loan in an aggregate principal amount of up to $75.0 million (which will be","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1322439/000162828023018563/0001628280-23-018563-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"Aggregate principal amount increased to $485.3 million"},{"label":"Counterparty","value":"Crédit Agricole Corporate and Investment Bank"},{"label":"Rate","value":"Outstanding borrowings bear interest at a rate equal to the sum of Adjusted Term"},{"label":"Maturity","value":"September 28, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}