Here it is from Vox:
https://www.vox.com/politics/2023/4/4/23648390/trump-indictment-supreme-court-stormy-daniels-manhattan-alvin-bragg
It's an interesting article, but I think it may have missed the underlying crime Bragg intends to allege as the basis for converting a misdemeanor false business records offense into a felony offense. Specifically, under NY Election Law § 14-126(5), it is a Class A misdemeanor for a person to "knowingly and willfully" make or accept contributions in excess of the contribution limits imposed under Art. 14 of the NY Election Law.
That, to my mind, explains why that statement of facts went into such detail to specify that the actions taken by Cohen and American Media, including in particular the payments to the ladies, took place prior to the election, and the repayment, if any, only took place after the election was over (I believe that American Media ultimately refused to accept reimbursement for the amounts it paid out).
Since the payments do not appear to have been papered as loans to the Trump campaign, Bragg will almost certainly try to argue that they were political campaign contributions that exceeded the limits, and that way in which the reimbursements were treated as legal expenses - from Cohen issuing invoices for legal services, to the general ledger and check memo lines stating that the payments were for legal services, which would not be subject to the campaign contribution limits, a means of covering up the fact that the initial payments were, in substance, contributions to Trump.
Furthermore, even if the original payments are cast as "loans", NY Election Law § 14-114(6) treats a loan that is not repaid by the date of the primary or election to which it relates, as a "contribution".
Thus, since the payments in this case took place after the 2016 presidential election, those initial payments by Cohen and American Media would be recast as contributions for the purposes of the NY election laws, and since those amounts definitely exceeded the contribution limits, the making of the payment is probably a violation of the NY election law and punishable as a Class A misdemeanor.