{"schema_version":"secwatch.filing_event.v1","accession":"0001653558-24-000073","form_type":"8-K","ticker":"PRTH","cik":"0001653558","company_name":"Priority Technology Holdings, Inc.","filed_at":"2024-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.443401+00:00","generated_at":"2026-06-01T11:04:14.054469+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Priority Technology enters $905M credit facilities, redeems $170M preferred stock","bullets":["$835M term loan and $70M revolver with Truist Bank as agent; total commitments $905M.","Proceeds refinance existing credit agreement and redeem $170M of senior preferred stock.","Interest on term loan at SOFR+4.75%; revolver margin ranges SOFR+3.75%-4.25% based on leverage.","Financial covenant: max Total Net Leverage Ratio of 6.90x through Q4 2025, then 6.40x.","Existing credit agreement terminated; full Credit Agreement filed as Exhibit 10.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001653558-24-000073","json":"https://secwatch.observer/filing/0001653558-24-000073.json","markdown":"https://secwatch.observer/filing/0001653558-24-000073.md","text":"https://secwatch.observer/filing/0001653558-24-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653558/000165355824000073/0001653558-24-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653558/000165355824000073/prth-20240516.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T11:04:14.054469+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"}