{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-005129","form_type":"8-K","ticker":"SFD","cik":"0000091388","company_name":"SMITHFIELD FOODS INC","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.781695+00:00","generated_at":"2026-05-26T23:11:46.383656+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Smithfield enters new $2.1B revolving credit facility maturing 2030","bullets":["New $2.1B senior unsecured revolving credit facility refinances prior credit agreement; matures Feb 12, 2030 with two one-year extension options.","Pricing grid based on S&P/Moody's/Fitch ratings; spreads range from 0.875% (SOFR) at A-/A3 to 1.500% at BB+/Ba1.","Includes $250M foreign currency subfacility and $200M letter of credit subfacility.","Financial covenants: max debt to capitalization 50% (55% after material acquisitions), min interest coverage ratio 3.50x.","Subsidiary guarantees on existing senior unsecured notes automatically released upon termination of prior facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-005129","json":"https://secwatch.observer/filing/0001628280-25-005129.json","markdown":"https://secwatch.observer/filing/0001628280-25-005129.md","text":"https://secwatch.observer/filing/0001628280-25-005129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/91388/000162828025005129/0001628280-25-005129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/91388/000162828025005129/sfd-20250212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:11:46.383656+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"}