{"schema_version":"secwatch.filing_event.v1","accession":"0001628908-25-000008","form_type":"8-K","ticker":"EVH","cik":"0001628908","company_name":"Evolent Health, Inc.","filed_at":"2025-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.238799+00:00","generated_at":"2026-05-27T05:30:57.606935+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Evolent Health borrows $200M in delayed draw term loans for general corporate purposes","bullets":["On Jan 24, 2025, Borrower gave notice to draw $125M (2024-A) and $75M (2024-B) delayed draw term loans, funding Jan 31.","Proceeds for general corporate purposes including working capital and potential management of Convertible Notes due Oct 2025.","Interest rate at SOFR+5.50% or base+4.50%, with step-downs based on secured leverage ratio.","Term loans mature Dec 6, 2029, or earlier upon certain conditions including 180 days before 2029 Convertible Note maturity.","Prepayment premiums: 2% in year 1, 1% in year 2, 0% thereafter."],"urls":{"canonical":"https://secwatch.observer/filing/0001628908-25-000008","json":"https://secwatch.observer/filing/0001628908-25-000008.json","markdown":"https://secwatch.observer/filing/0001628908-25-000008.md","text":"https://secwatch.observer/filing/0001628908-25-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628908/000162890825000008/0001628908-25-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628908/000162890825000008/evh-20250124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T05:30:57.606935+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"}