{"schema_version":"secwatch.filing_event.v1","accession":"0000350698-25-000091","form_type":"8-K","ticker":"AN","cik":"0000350698","company_name":"AUTONATION, INC.","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.942696+00:00","generated_at":"2026-05-20T23:06:08.492665+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AutoNation closes $700M inaugural ABS at 4.90% weighted-average rate, upsized by $200M","bullets":["Issued $700M asset-backed notes via AutoNation Finance Trust 2025-1, secured by $714.3M auto loan contracts.","Weighted-average interest rate of 4.90%; maturity dates from June 2026 to September 2032.","Net proceeds of ~$696.4M to reduce existing indebtedness and for general corporate purposes.","CEO states rate is lower than cost of debt replaced; 98% advance rate achieved.","AutoNation guarantees servicer obligations but not the notes; CIG Financial, LLC will service loans."],"urls":{"canonical":"https://secwatch.observer/filing/0000350698-25-000091","json":"https://secwatch.observer/filing/0000350698-25-000091.json","markdown":"https://secwatch.observer/filing/0000350698-25-000091.md","text":"https://secwatch.observer/filing/0000350698-25-000091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/350698/000035069825000091/0000350698-25-000091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/350698/000035069825000091/an-20250521.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T23:06:08.492665+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"}