{"schema_version":"secwatch.filing_event.v1","accession":"0000097216-23-000143","form_type":"8-K","ticker":"TEX","cik":"0000097216","company_name":"TEREX CORP","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.982702+00:00","generated_at":"2026-06-15T07:46:22.864416+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Terex amends credit agreement to replace LIBOR with Term SOFR","bullets":["Amendment No. 1, dated May 8, 2023, replaces Adjusted LIBO Rate with Term SOFR in the credit agreement.","All existing lenders consented; covenant levels, maturity, and borrowing capacity unchanged.","Existing LIBOR loans continue until their current interest period ends; no new LIBOR loans permitted thereafter.","Amendment effective May 8, 2023; no other material terms of the credit agreement were modified."],"urls":{"canonical":"https://secwatch.observer/filing/0000097216-23-000143","json":"https://secwatch.observer/filing/0000097216-23-000143.json","markdown":"https://secwatch.observer/filing/0000097216-23-000143.md","text":"https://secwatch.observer/filing/0000097216-23-000143.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/97216/000009721623000143/0000097216-23-000143-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/97216/000009721623000143/tex-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:46:22.864416+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":[{"claim_id":"56cada967455b4e6796d338b753f8d942f44dd61","claim":"TEREX CORP amended Amendment No. 1 to Amended and Restated Credit Agreement with the lenders and issuing banks party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent (effective 2023-05-08).","evidence_excerpt":"On May 8, 2023, Terex Corporation (“Terex” or the “Company”) and certain of its subsidiaries entered into an Amendment No. 1 (“Amendment”) to the Amended and Restated Credit Agreement dated as of April 1, 2021 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”) , with the lenders and issuing banks party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent (“CSAG”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/97216/000009721623000143/0000097216-23-000143-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"the lenders and issuing banks party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent"},{"label":"Effective","value":"2023-05-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}