{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-000245","form_type":"8-K","ticker":"SAH","cik":"0001043509","company_name":"SONIC AUTOMOTIVE INC","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.783853+00:00","generated_at":"2026-05-28T12:20:03.857815+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sonic Automotive enters $149M mortgage loan facility maturing 2027","bullets":["Credit agreement with PNC Bank establishes a $149,137,000 syndicated mortgage loan facility maturing November 17, 2027.","Interest rates tied to SOFR or Base Rate plus margin based on lease adjusted leverage ratio: 1.25%-2.25% for SOFR loans.","Facility secured by mortgages on certain properties and guaranteed by certain subsidiaries.","Contains customary covenants including restrictions on indebtedness, liens, dividends, and capex.","Commitments of $149,137,000 available upon satisfaction of funding conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-000245","json":"https://secwatch.observer/filing/0001628280-25-000245.json","markdown":"https://secwatch.observer/filing/0001628280-25-000245.md","text":"https://secwatch.observer/filing/0001628280-25-000245.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1043509/000162828025000245/0001628280-25-000245-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1043509/000162828025000245/sah-20241227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T12:20:03.857815+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"}