{"schema_version":"secwatch.filing_event.v1","accession":"0001855747-23-000077","form_type":"8-K","ticker":"BLND","cik":"0001855747","company_name":"Blend Labs, Inc.","filed_at":"2023-11-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.127049+00:00","generated_at":"2026-06-07T21:11:38.772012+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Blend Labs prepays $85M term loans, terminates $25M revolver, extends maturity to 2027","bullets":["Entered Second Amendment to Credit Agreement with Blue Owl Technology Finance Corp. on Nov 27, 2023.","Revolving loan commitments under the Credit Agreement terminated entirely (previously $25M).","Term loan maturity extended to June 30, 2027 (springing condition).","Optionally prepaid $85M of outstanding term loans to reduce debt and interest expense."],"urls":{"canonical":"https://secwatch.observer/filing/0001855747-23-000077","json":"https://secwatch.observer/filing/0001855747-23-000077.json","markdown":"https://secwatch.observer/filing/0001855747-23-000077.md","text":"https://secwatch.observer/filing/0001855747-23-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000077/0001855747-23-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000077/blnd-20231127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T21:11:38.772012+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":"6b94341ab82d2c3bb2f1f2e32623bbfe1a73a0d3","claim":"Blend Labs, Inc. amended Second Amendment to the Credit Agreement with Blue Owl Technology Finance Corp. valued at aggregate principal amount of $85,000,000 (effective 2023-11-27).","evidence_excerpt":"On November 27, 2023 , Blend Labs, Inc. (the “Company”) entered into a Second Amendment to the Credit Agreement, among the Company, as borrower, the guarantors party thereto, and Blue Owl Technology Finance Corp., as administrative agent for the Lenders (the “Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855747/000185574723000077/0001855747-23-000077-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Blue Owl Technology Finance Corp."},{"label":"Value","value":"aggregate principal amount of $85,000,000"},{"label":"Effective","value":"2023-11-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}