{"schema_version":"secwatch.filing_event.v1","accession":"0001833197-26-000036","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2026-08-21T12:41:55+00:00","discovered_at":"2026-08-21T12:45:00.526281+00:00","generated_at":"2026-08-21T12:45:06.980214+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Latham Group refinances debt: new $300M term loan and $75M revolver, maturing 2033/2031","bullets":["New senior secured credit agreement with Jefferies Finance as administrative agent; replaces Feb 2022 Barclays facility.","Term loan facility: $300M at Term SOFR + 4.00% or ABR + 3.00%, matures Aug 20, 2033.","Revolving facility: $75M, multicurrency (USD, CAD, EUR, AUD), matures Aug 20, 2031; margins 3.25-3.50% (SOFR/CORRA) or 2.25-2.50% (ABR/Prime).","Mandatory prepayments: 50% excess cash flow, 100% net asset sale proceeds; financial covenant max first-lien net leverage 5.20x if revolver usage >40%.","Proceeds used to repay and terminate prior credit agreement with Barclays Bank PLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001833197-26-000036","json":"https://secwatch.observer/filing/0001833197-26-000036.json","markdown":"https://secwatch.observer/filing/0001833197-26-000036.md","text":"https://secwatch.observer/filing/0001833197-26-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000183319726000036/0001833197-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000183319726000036/swim-20260820.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-21T12:45:06.980214+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"}