{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-24-000437","form_type":"8-K","ticker":null,"cik":"0001721386","company_name":"Landsea Homes Corp","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.249976+00:00","generated_at":"2026-06-04T15:26:39.328082+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Landsea Homes increases senior debt basket to $600M; adds April 2024 moratorium","bullets":["Eighth Amendment to October 2021 Credit Agreement increases permitted senior debt from $500M to $600M.","Moratorium through April 15, 2024, on reduction of revolving commitments for senior debt exceeding $350M.","Amendment with Western Alliance Bank as administrative agent; lenders include Bank of America, Flagstar, East West, U.S. Bank.","All existing guarantees reaffirmed; no default or event of default after giving effect to amendment.","Conditions precedent satisfied; amendment effective March 15, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-24-000437","json":"https://secwatch.observer/filing/0001731122-24-000437.json","markdown":"https://secwatch.observer/filing/0001731122-24-000437.md","text":"https://secwatch.observer/filing/0001731122-24-000437.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1721386/000173112224000437/0001731122-24-000437-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1721386/000173112224000437/e5507_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T15:26:39.328082+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":"e5b363200d37f344100ed6aa0dc11bbfa1b7e9f7","claim":"Landsea Homes Corp amended Eighth Amendment Agreement with Western Alliance Bank, as administrative agent, and the other lender parties thereto (effective 2024-03-15).","evidence_excerpt":"On March 15, 2024, Landsea Homes Corporation, a Delaware corporation (the “ Company ”), and certain of its subsidiaries entered into that certain Eighth Amendment Agreement (the “ Eighth Amendment Agreement ”) with Western Alliance Bank, as administrative agent, and the other lender parties thereto, which amends the Company’s existing Credit Agreement dated October 6, 2021","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1721386/000173112224000437/0001731122-24-000437-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Western Alliance Bank, as administrative agent, and the other lender parties thereto"},{"label":"Effective","value":"2024-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}