{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-033456","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.990179+00:00","generated_at":"2026-05-31T15:11:40.489823+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Iridium adds $200M term loans; proceeds to repay revolver and fund buybacks","bullets":["Iridium Satellite LLC borrowed $200M in additional term loans under existing credit agreement.","Terms mirror existing $1.62B term loans: SOFR + 2.25%, 0.75% floor, maturity Sept 20, 2030.","Loans issued at 1% discount to face value; $50M used to repay revolving credit facility.","Remaining proceeds earmarked for general corporate purposes and accelerated share repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-033456","json":"https://secwatch.observer/filing/0001628280-24-033456.json","markdown":"https://secwatch.observer/filing/0001628280-24-033456.md","text":"https://secwatch.observer/filing/0001628280-24-033456.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000162828024033456/0001628280-24-033456-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000162828024033456/irdm-20240730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:11:40.489823+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"}