{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-022115","form_type":"8-K","ticker":"EARN","cik":"0001560672","company_name":"Ellington Credit Co","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.436390+00:00","generated_at":"2026-05-15T08:09:27.727729+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":"Ellington Credit closes $50M 8.50% notes due 2031; NYSE listing under 'ELLA'","bullets":["Issued $50M aggregate principal of 8.50% Notes due 2031 (NYSE: ELLA).","Underwriters have 30-day option to purchase up to $7.5M additional Notes.","Notes mature March 30, 2031; interest paid quarterly, starting June 30, 2026.","Fund may redeem Notes at par on/after March 30, 2028; no sinking fund.","Notes are unsecured; rank pari passu with existing senior unsecured debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-022115","json":"https://secwatch.observer/filing/0001628280-26-022115.json","markdown":"https://secwatch.observer/filing/0001628280-26-022115.md","text":"https://secwatch.observer/filing/0001628280-26-022115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/earn-20260330.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:09:27.727729+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":"23cf465ba099a4a291a9e62ef24fba89279a567e","claim":"Ellington Credit Co incurred senior notes of $50 million aggregate principal amount of its 8.50% Notes due 2031 with Wilmington Trust, National Association at 8.50% per year maturing March 30, 2031.","evidence_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","confidence":0.95},{"claim_id":"7c26e9336b10fbab6443a8748a13752a4c28873e","claim":"Ellington Credit Co entered into Indenture with Wilmington Trust, National Association valued at $50 million (effective 2026-03-30).","evidence_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the “Notes”), Ellington Credit Company (the “Fund”) entered into (i) an indenture (the “Base Indenture”) between the Fund and Wilmington Trust, National Association (the “Trustee”) and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0000008947-26-000108","ticker":"AZZ","company_name":"AZZ INC","filed_at":"2026-05-08T23:59:59+00:00","headline":"AZZ refinances revolver; maturity extended to 2029, margins cut 50 bps","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-26-000108","json":"https://secwatch.observer/filing/0000008947-26-000108.json","markdown":"https://secwatch.observer/filing/0000008947-26-000108.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/azz-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm"}},{"accession":"0001104659-26-057953","ticker":"ILPT","company_name":"Industrial Logistics Properties Trust","filed_at":"2026-05-08T23:59:59+00:00","headline":"ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057953","json":"https://secwatch.observer/filing/0001104659-26-057953.json","markdown":"https://secwatch.observer/filing/0001104659-26-057953.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/tm2613865d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively,\nthe lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured\nby 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which\nwe guaranteed certain limited","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm"}},{"accession":"0001193125-26-214205","ticker":"PGIM","company_name":"PGIM Private Credit Fund","filed_at":"2026-05-08T23:59:59+00:00","headline":"PGIM Private Credit Fund enters $100M credit facility with $500M accordion option","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214205","json":"https://secwatch.observer/filing/0001193125-26-214205.json","markdown":"https://secwatch.observer/filing/0001193125-26-214205.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/ck0001923622-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm"}},{"accession":"0001335258-26-000023","ticker":"LYV","company_name":"Live Nation Entertainment, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Live Nation VenueCo closes €610M secured notes issuance backed by 4 venues","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001335258-26-000023","json":"https://secwatch.observer/filing/0001335258-26-000023.json","markdown":"https://secwatch.observer/filing/0001335258-26-000023.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/0001335258-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/lyv-20260508.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 30, 2026, in connection with the previously announced public offering (the \"Offering\") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the \"Notes\"), Ellington Credit Company (the \"Fund\") entered into (i) an indenture (the \"Base Indenture\") between the Fund and Wilmington Trust, National Association (the \"Trustee\") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the \"Supplemental Indenture,\" and, together with the Base Indenture, the \"Indenture\").","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm","comparable_excerpt":"On May 8, 2026, Live Nation VenueCo, LLC (“VenueCo”), a bankruptcy-remote, special purpose vehicle owned by certain bankruptcy-remote, special purpose entities (the “Participants”), which are indirect subsidiaries of Live Nation Entertainment, Inc. (the “Company”), closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes (the “Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/0001335258-26-000023-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}