{"schema_version":"secwatch.filing_event.v1","accession":"0000097216-25-000147","form_type":"8-K","ticker":"TEX","cik":"0000097216","company_name":"TEREX CORP","filed_at":"2025-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.787576+00:00","generated_at":"2026-05-17T13:49:35.546962+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Terex re-prices term loan to SOFR+1.75%, reduces annual interest cost ~$3M","bullets":["Term loan rate cut 25 bps from SOFR+2.00% to SOFR+1.75%, effective August 12, 2025.","Revolving credit facility spread also reduced by 12.5 to 25 bps.","Expected annual cash interest savings of approximately $3 million.","Terex International Financial Services Unlimited Company removed as borrower.","CFO Jennifer Kong-Picarello cited improved capital structure efficiency."],"urls":{"canonical":"https://secwatch.observer/filing/0000097216-25-000147","json":"https://secwatch.observer/filing/0000097216-25-000147.json","markdown":"https://secwatch.observer/filing/0000097216-25-000147.md","text":"https://secwatch.observer/filing/0000097216-25-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/97216/000009721625000147/0000097216-25-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/97216/000009721625000147/tex-20250812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T13:49:35.546962+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}