{"schema_version":"secwatch.filing_event.v1","accession":"0001965040-23-000005","form_type":"8-K","ticker":"FTRE","cik":"0001965040","company_name":"Fortrea Holdings Inc.","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.633162+00:00","generated_at":"2026-06-14T03:19:58.025266+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Fortrea prices $570M senior secured notes at 7.5% due 2030 for spinoff funding","bullets":["$570M senior secured notes priced at 7.500% interest, maturing July 1, 2030.","Proceeds to fund portion of $1.605B cash distribution to Labcorp and transaction fees.","Notes held in escrow; spinoff closing required, else mandatory redemption by Sept 30, 2023.","Closing expected June 27, 2023 subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001965040-23-000005","json":"https://secwatch.observer/filing/0001965040-23-000005.json","markdown":"https://secwatch.observer/filing/0001965040-23-000005.md","text":"https://secwatch.observer/filing/0001965040-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1965040/000196504023000005/0001965040-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1965040/000196504023000005/ftre-20230612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:19:58.025266+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"}