{"filing":{"accession_number":"0001104659-26-067476","cik":"0000921738","ticker":"PENN","company_name":"PENN Entertainment, Inc.","form":"8-K","filing_date":"2026-05-28","report_date":null,"primary_document":"tm2615773d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/921738/000110465926067476/tm2615773d1_8k.htm"},"events":[{"id":8362,"run_id":7343,"accession_number":"0001104659-26-067476","anchor_item_number":"1.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.73,"summary":"PENN Entertainment amended its $962.5 million Term Loan B facility on May 28, 2026, repricing the interest rate margins downward (from 2.50% to 2.00% for SOFR loans) and extending the maturity to May 2033. This debt refinancing materially affects the company's debt structure and cost of capital.","company_name":"PENN Entertainment, Inc.","ticker":"PENN","filing_date":"2026-05-28","form":"8-K","submitted_at":null,"items":[{"id":2219,"accession_number":"0001104659-26-067476","item_number":"1.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"PENN Entertainment amended its $962.5 million Term Loan B facility on May 28, 2026, repricing the interest rate margins downward (from 2.50% to 2.00% for SOFR loans) and extending the maturity to May 2033. While this is a material definitive agreement under Item 1.01, it does not fit cleanly into the M\u0026A activity category (no acquisition, disposition, merger, or change of control). The amendment is material to investors as it affects the company's debt structure and cost of capital, but the event is fundamentally a debt refinancing/repricing rather than a discrete M\u0026A transaction or other enumerated event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:15:34.042197+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2220,"accession_number":"0001104659-26-067476","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 discloses creation of a direct financial obligation and incorporates Item 1.01 by reference. Item 1.01 typically covers material acquisitions, dispositions, or changes of control. The cross-reference structure indicates a significant transaction creating financial obligations, most likely M\u0026A activity. Without the full Item 1.01 text, confidence is moderate but the materiality and structure strongly suggest acquisition or disposition activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:15:34.042197+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2219,"accession_number":"0001104659-26-067476","item_number":"1.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"PENN Entertainment amended its $962.5 million Term Loan B facility on May 28, 2026, repricing the interest rate margins downward (from 2.50% to 2.00% for SOFR loans) and extending the maturity to May 2033. While this is a material definitive agreement under Item 1.01, it does not fit cleanly into the M\u0026A activity category (no acquisition, disposition, merger, or change of control). The amendment is material to investors as it affects the company's debt structure and cost of capital, but the event is fundamentally a debt refinancing/repricing rather than a discrete M\u0026A transaction or other enumerated event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:15:34.042197+00:00","company_name":"PENN Entertainment, Inc.","ticker":"PENN","filing_date":"2026-05-28"},{"id":2220,"accession_number":"0001104659-26-067476","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 discloses creation of a direct financial obligation and incorporates Item 1.01 by reference. Item 1.01 typically covers material acquisitions, dispositions, or changes of control. The cross-reference structure indicates a significant transaction creating financial obligations, most likely M\u0026A activity. Without the full Item 1.01 text, confidence is moderate but the materiality and structure strongly suggest acquisition or disposition activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:15:34.042197+00:00","company_name":"PENN Entertainment, Inc.","ticker":"PENN","filing_date":"2026-05-28"}]}