815 material Form 8-K filings that 659 companies we cover made with the SEC in March 2026, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
FTI Consulting entered into an incremental amendment to its existing credit agreement on March 17, 2026, providing a $300 million term loan. The company may use the proceeds for general corporate purposes, and the loan matures on March 17, 2029.
Incremental Term Loan of $300 million under the Second Amended and Restated Credit Agreement dated November 21, 2022
Interest at SOFR plus a 0.10% credit spread adjustment, or base rate, plus a margin tied to consolidated total net leverage ratio
Loan matures March 17, 2029; Bank of America, N.A. is administrative agent
Phillips 66 Company, a wholly owned subsidiary of Phillips 66, entered into a 364-day, $2.25 billion term loan on March 18, 2026, and borrowed the full amount at closing. The company also amended its receivables securitization program to raise the maximum facility size from $1.25 billion to $1.75 billion, with a possible future increase to up to $2.0 billion. The filing describes new debt and expanded financing capacity but does not report earnings, guidance, or a use of proceeds.
Term loan: $2.25 billion, 364-day maturity, fully borrowed as of March 18, 2026, prepayable without premium or penalty
Interest: Term SOFR plus 1.100%, or reference rate plus 0.100%
Covenant: maximum consolidated net debt-to-capitalization ratio of 65%, tested each fiscal quarter
Receivables facility: maximum size raised from $1.25 billion to $1.75 billion under amendment dated March 13, 2026
Hilton Domestic Operating Company, an indirect subsidiary of Hilton Worldwide Holdings, entered into Amendment No. 12 to its credit agreement on March 18, 2026. The amendment extends the maturity of the senior secured revolving credit facility, changes its interest pricing terms, and raises the letter of credit and swingline borrowing sublimits. The filing describes these as credit facility terms and does not report a dollar amount for the facility itself or any effect on earnings.
Revolving credit facility maturity extended to the earlier of five years after March 18, 2026 or 91 days before the stated maturity of existing term loans
Letter of credit sublimit increased from $250 million to $500 million
Same-day swingline borrowing sublimit increased from $100 million to $200 million
Base margin on SOFR-based loans is 1.00% per annum when first lien net leverage is 1.50 to 1.00 or lower, with step-ups at higher leverage levels
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.