{"schema_version":"secwatch.filing_event.v1","accession":"0001866633-25-000015","form_type":"8-K","ticker":"CCSI","cik":"0001866633","company_name":"Consensus Cloud Solutions, Inc.","filed_at":"2025-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.445028+00:00","generated_at":"2026-05-18T06:45:17.076117+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Consensus Cloud Solutions enters $225M credit facility; no initial draw","bullets":["New credit agreement provides $75M revolving and $150M delayed-draw term loan, maturing July 10, 2028.","Interest rate is SOFR plus margin of 1.50%-2.25%, or base rate plus 0.50%-1.25%, based on leverage.","No amount drawn as of July 14, 2025; company expects first draw in Q4 2025.","Existing $225M revolver agented by U.S. Bank was retired with zero balance.","Covenants restrict dividends, share repurchases, and debt incurrence; secured by substantially all assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001866633-25-000015","json":"https://secwatch.observer/filing/0001866633-25-000015.json","markdown":"https://secwatch.observer/filing/0001866633-25-000015.md","text":"https://secwatch.observer/filing/0001866633-25-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866633/000186663325000015/0001866633-25-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866633/000186663325000015/ccs-20250709.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:45:17.076117+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":"12dbd1285a1153f5b934138dd44fa73a588809a4","claim":"Consensus Cloud Solutions, Inc. incurred term loan of $150.0 million with U.S. Bank National Association at base rate or SOFR plus an applicable margin based on the total net leverage rati maturing July 10, 2028.","evidence_excerpt":"Pursuant to the Credit Agreement, the Lenders have provided the Company with a senior secured revolving credit facility of $75.0 million (the “Revolving Credit Facility”) and a senior secured delayed-draw term loan facility of $150.0 million (the “DDTL Facility” and together with the Revolving Credit Facility, the “Credit Facility”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866633/000186663325000015/0001866633-25-000015-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$150.0 million"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"base rate or SOFR plus an applicable margin based on the total net leverage rati"},{"label":"Maturity","value":"July 10, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"daaaa004d5d3c02b0bbe6e19f3dce25ec253f45b","claim":"Consensus Cloud Solutions, Inc. incurred revolving credit of $75.0 million with U.S. Bank National Association at base rate or SOFR plus an applicable margin based on the total net leverage rati maturing July 10, 2028.","evidence_excerpt":"Pursuant to the Credit Agreement, the Lenders have provided the Company with a senior secured revolving credit facility of $75.0 million (the “Revolving Credit Facility”) and a senior secured delayed-draw term loan facility of $150.0 million (the “DDTL Facility” and together with the Revolving Credit Facility, the “Credit Facility”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866633/000186663325000015/0001866633-25-000015-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$75.0 million"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"base rate or SOFR plus an applicable margin based on the total net leverage rati"},{"label":"Maturity","value":"July 10, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}