{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-057444","form_type":"8-K","ticker":"GWRS","cik":"0001434728","company_name":"Global Water Resources, Inc.","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.404824+00:00","generated_at":"2026-05-16T13:01:33.636764+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Global Water Resources secures $15M term loan from CoBANK at 5.49% fixed, maturing 2035","bullets":["$15M term loan with fixed rate 5.49% p.a., interest payable semi-annually starting June 15, 2026.","Maturity date December 10, 2035; prepayment subject to change-of-control provisions.","Loan secured by pledges of equity interests in all direct/indirect subsidiaries and guaranteed by Global Water, LLC, West Maricopa Combine, and Global Water Holdings.","Covenants include a debt service coverage ratio and dividend restriction below 1.25:1.00 coverage.","Proceeds intended for general corporate purposes; customary defaults and remedies apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-057444","json":"https://secwatch.observer/filing/0001628280-25-057444.json","markdown":"https://secwatch.observer/filing/0001628280-25-057444.md","text":"https://secwatch.observer/filing/0001628280-25-057444.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434728/000162828025057444/0001628280-25-057444-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434728/000162828025057444/gwrs-20251210.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:01:33.636764+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":"6e386c47ff9541dba2ef66bfc4c47392bea7a7f9","claim":"Global Water Resources, Inc. incurred term loan of aggregate principal amount of $15,000,000 with CoBANK, ACB at fixed rate of 5.49% per annum maturing December 10, 2035.","evidence_excerpt":"On December 10, 2025, Global Water Resources, Inc. (the “Company”) entered into a credit agreement (the “Credit Agreement”) with CoBANK, ACB, a federally-chartered instrumentality of the United States (“CoBANK”), and a related promissory note issued by the Company to CoBANK (the “Promissory Note” and together with the Credit Agreement, the “CoBANK Loan Agreements”), pursuant to which CoBANK provided the Company a term loan in the aggregate principal amount of $15,000,000 (the “Term Loan”) on the terms and subject to the conditions set forth in the CoBANK Loan Agreements.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1434728/000162828025057444/0001628280-25-057444-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"aggregate principal amount of $15,000,000"},{"label":"Counterparty","value":"CoBANK, ACB"},{"label":"Rate","value":"fixed rate of 5.49% per annum"},{"label":"Maturity","value":"December 10, 2035"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}