{"schema_version":"secwatch.filing_event.v1","accession":"0001883085-25-000155","form_type":"8-K","ticker":"PGY","cik":"0001883085","company_name":"Pagaya Technologies Ltd.","filed_at":"2025-07-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.507928+00:00","generated_at":"2026-05-18T03:40:06.248422+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Pagaya prices upsized $500M 8.875% senior unsecured notes due 2030 to refinance debt","bullets":["Offering upsized to $500M from $450M; net proceeds est. ~$491M after discounts and expenses.","8.875% coupon payable semi-annually; notes mature August 1, 2030.","Proceeds to repay all existing credit facilities and ~$100M of secured borrowings; remainder for general corporate purposes.","Notes fully and unconditionally guaranteed on a senior unsecured basis by Pagaya and its guarantor subsidiaries.","Settlement scheduled for July 28, 2025, subject to customary closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001883085-25-000155","json":"https://secwatch.observer/filing/0001883085-25-000155.json","markdown":"https://secwatch.observer/filing/0001883085-25-000155.md","text":"https://secwatch.observer/filing/0001883085-25-000155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883085/000188308525000155/0001883085-25-000155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883085/000188308525000155/pgy-20250723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T03:40:06.248422+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"}