secwatch.observer — SEC 8-K summary
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Issuer:     Southland Holdings, Inc. (SLND)
CIK:        0001883814
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001829126-26-002615
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southland Holdings refinances $110M term loan to sureties; gets repayment deferral through March 2027
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- Paid ~$15.4M to resigning agent (Callodine): $14.4M principal + $1.0M accrued interest and fees.
- Sureties (Berkshire, Zurich, Markel) advanced ~$116M under GIAs; repayment not required before March 27, 2027.
- Delayed draw term loan commitment terminated; sureties waive quarterly principal and monthly interest payments until maturity.
- Company agreed to dispose of idle assets and pursue claim collections to pay down principal before maturity.
- Actively working with sureties on amendment to Credit Agreement; no assurances of reaching long-term financing arrangement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883814/000182912626002615/0001829126-26-002615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883814/000182912626002615/southland_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-002615

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