{"schema_version":"secwatch.filing_event.v1","accession":"0001866581-25-000174","form_type":"8-K","ticker":"BROS","cik":"0001866581","company_name":"Dutch Bros Inc.","filed_at":"2025-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.258556+00:00","generated_at":"2026-05-20T04:53:09.880346+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Dutch Bros amends and restates $650M credit facility, draws $200M on closing","bullets":["New $650M facility: $500M revolver + $150M term loan; matures May 29, 2030.","On May 29, borrowed full $150M term loan and $50M revolver; old 2022 facility repaid and terminated.","Interest at Alternate Base Rate or Term SOFR plus margin; commitment fee 0.20%-0.45%.","Covenants: max Net Lease-Adjusted Total Leverage Ratio and minimum Coverage Ratio.","Option to increase facility by up to $230M or 80% of EBITDAR, whichever greater."],"urls":{"canonical":"https://secwatch.observer/filing/0001866581-25-000174","json":"https://secwatch.observer/filing/0001866581-25-000174.json","markdown":"https://secwatch.observer/filing/0001866581-25-000174.md","text":"https://secwatch.observer/filing/0001866581-25-000174.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866581/000186658125000174/0001866581-25-000174-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866581/000186658125000174/bros-20250529.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T04:53:09.880346+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"}