{"schema_version":"secwatch.filing_event.v1","accession":"0001766400-23-000073","form_type":"8-K","ticker":"PNTG","cik":"0001766400","company_name":"Pennant Group, Inc.","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.459876+00:00","generated_at":"2026-06-14T03:05:31.969872+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Pennant Group amends credit agreement to replace LIBOR with SOFR-based rates","bullets":["Second Amendment to Credit Agreement replaces LIBOR-based rates with SOFR-based rates for the $150M revolving facility, effective June 12, 2023.","Interest rates now base rate plus 1.25-2.25% or adjusted SOFR plus 2.25-3.25%, depending on leverage ratio.","No change to financial covenants, borrowing limits, or other terms; aggregate commitment remains $150 million."],"urls":{"canonical":"https://secwatch.observer/filing/0001766400-23-000073","json":"https://secwatch.observer/filing/0001766400-23-000073.json","markdown":"https://secwatch.observer/filing/0001766400-23-000073.md","text":"https://secwatch.observer/filing/0001766400-23-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766400/000176640023000073/0001766400-23-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766400/000176640023000073/pntg-20230612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:05:31.969872+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":"62c1d3487065702a84dcce5da07d217e573ef042","claim":"Pennant Group, Inc. amended Second Amendment to Credit Agreement with Truist Bank as administrative agent and certain banks as additional lenders (effective 2023-06-12).","evidence_excerpt":"On June 12, 2023 The Pennant Group, Inc. (“Pennant” or the “Company”) entered into the Second Amendment to Credit Agreement (the “Amendment”) with Truist Bank as administrative agent and certain banks as additional lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766400/000176640023000073/0001766400-23-000073-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Truist Bank as administrative agent and certain banks as additional lenders"},{"label":"Effective","value":"2023-06-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}