{"schema_version":"secwatch.filing_event.v1","accession":"0001803599-25-000111","form_type":"8-K","ticker":"CNXC","cik":"0001803599","company_name":"Concentrix Corp","filed_at":"2025-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.779358+00:00","generated_at":"2026-05-23T16:17:38.574408+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Concentrix amends credit facility: adds $1.5B delayed draw, extends maturities, refinances $750M term loan","bullets":["New unsecured facilities: $750M 3-year term loan, $250M 3-year delayed draw, $500M 5-year delayed draw, and $1.1B revolver; $750M converted to Continued Term Loan maturing Dec 2026.","Delayed draw proceeds (up to $750M) to repay €700M promissory note from Webhelp deal; must be drawn by Sep 30, 2025.","Covenants: max leverage ratio 3.75x (4.25x post qualified acquisitions), min interest coverage 3.00x.","Bank of America replaces JPMorgan as administrative agent under restated credit agreement.","Maturities: New term & 3-year DD Sep 30, 2028; 5-year DD & revolver Apr 11, 2030 (revolver extendable)."],"urls":{"canonical":"https://secwatch.observer/filing/0001803599-25-000111","json":"https://secwatch.observer/filing/0001803599-25-000111.json","markdown":"https://secwatch.observer/filing/0001803599-25-000111.md","text":"https://secwatch.observer/filing/0001803599-25-000111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803599/000180359925000111/0001803599-25-000111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803599/000180359925000111/cnxc-20250411.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T16:17:38.574408+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"}