{
  "v23_knowledge_graph": {
    "meta": {
      "target": "TechCo Inc.",
      "generated_at": "2025-12-27T17:31:46.301438",
      "model_version": "Adam-v23.5-Apex-Architect"
    },
    "nodes": {
      "credit_analysis": {
        "snc_rating_model": {
          "overall_borrower_rating": "Substandard",
          "rationale": "Leverage: 6.5x, Coverage: 1.2x",
          "primary_facility_assessment": {
            "facility_type": "Term Loan B",
            "collateral_coverage": "Weak",
            "repayment_capacity": "Low"
          }
        },
        "cds_market_implied_rating": "CCC+ (Spread: 850bps)",
        "covenant_risk_analysis": {
          "primary_constraint": "Net Leverage Ratio < 6.00x",
          "current_level": 6.5,
          "breach_threshold": 6.0,
          "headroom_assessment": "BREACH DETECTED: Current leverage (6.50x) exceeds maintenance covenant (6.00x). Immediate waiver request or equity cure required."
        }
      }
    }
  }
}