{"schema_version":"secwatch.filing_event.v1","accession":"0001803599-26-000080","form_type":"8-K","ticker":"CNXC","cik":"0001803599","company_name":"Concentrix Corp","filed_at":"2026-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.233006+00:00","generated_at":"2026-05-15T09:23:24.027564+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Concentrix expands AR securitization facility to $750M, extends to March 2028","bullets":["Commitment increased from $700M to $750M under receivables securitization facility.","Termination date extended from Jan 14, 2027 to March 20, 2028.","Sixth Amendment dated March 20, 2026; PNC Bank remains administrative agent.","Borrower is subsidiary Concentrix Receivables, Inc.; Concentrix acts as servicer."],"urls":{"canonical":"https://secwatch.observer/filing/0001803599-26-000080","json":"https://secwatch.observer/filing/0001803599-26-000080.json","markdown":"https://secwatch.observer/filing/0001803599-26-000080.md","text":"https://secwatch.observer/filing/0001803599-26-000080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803599/000180359926000080/0001803599-26-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803599/000180359926000080/cnxc-20260320.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:23:24.027564+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":"1b9db52938ae0d27425564ae2d8b973ceaeaaa5f","claim":"Concentrix Corp amended credit facility of up to $750 million with PNC Bank, National Association maturing March 20, 2028.","evidence_excerpt":"The Amendment provides for, among other things, (i) an increase in the commitment of the lenders to provide available borrowings from up to $700 million to up to $750 million and (ii) an extension of the termination date of the Securitization Facility from January 14, 2027 to March 20, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803599/000180359926000080/0001803599-26-000080-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $750 million"},{"label":"Counterparty","value":"PNC Bank, National Association"},{"label":"Maturity","value":"March 20, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"9f69bccc07bb0c8e96ac30ba2de300143fac25ba","claim":"Concentrix Corp amended Sixth Amendment to the Receivables Financing Agreement with PNC Bank, National Association valued at up to $750 million (effective 2026-03-20).","evidence_excerpt":"On March 20, 2026, Concentrix Corporation (the “Company”), as servicer, entered into an amendment (the “Amendment”) to its accounts receivable securitization facility (as amended, the “Securitization Facility”) by and among Concentrix Receivables, Inc., a subsidiary of the Company, as borrower, PNC Bank, National Association, as administrative agent, and the group agents and the lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803599/000180359926000080/0001803599-26-000080-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"PNC Bank, National Association"},{"label":"Value","value":"up to $750 million"},{"label":"Effective","value":"2026-03-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}