{"schema_version":"secwatch.filing_event.v1","accession":"0000823277-23-000027","form_type":"8-K","ticker":"CHSCP","cik":"0000823277","company_name":"CHS INC","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.363894+00:00","generated_at":"2026-06-16T17:48:17.734615+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"CHS enters $2.8B revolving credit facility; extends maturity to April 2028","bullets":["New $2.8B committed revolving credit facility (increase option to $3.5B) replaces $2.75B facility.","Maturity extended to April 21, 2028, from July 16, 2024; no amounts drawn at closing.","Includes $200M letter of credit subfacility; unsecured with customary covenants.","Also amended 2015 term loan credit agreement to align definitions and covenants.","Financial covenants: min net worth $4B, max leverage 3.5:1, max priority debt 20% of net worth."],"urls":{"canonical":"https://secwatch.observer/filing/0000823277-23-000027","json":"https://secwatch.observer/filing/0000823277-23-000027.json","markdown":"https://secwatch.observer/filing/0000823277-23-000027.md","text":"https://secwatch.observer/filing/0000823277-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/823277/000082327723000027/0000823277-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/823277/000082327723000027/chscp-20230421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:48:17.734615+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":"9262fc1c080f60b17b3f0cd70b93b9e798dde212","claim":"CHS INC incurred revolving credit of $2,800,000,000 with CoBank, ACB and Sumitomo Mitsui Banking Corporation at Term SOFR Rate, plus an applicable margin maturing April 21, 2028.","evidence_excerpt":"The 2023 Revolving Credit Agreement provides for a committed revolving credit facility in the amount of $2,800,000,000, subject to an increase option under the 2023 Revolving Credit Agreement to an aggregate committed amount not exceeding $3,500,000,000. The 2023 Revolving Credit Agreement expires on April 21, 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/823277/000082327723000027/0000823277-23-000027-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$2,800,000,000"},{"label":"Counterparty","value":"CoBank, ACB and Sumitomo Mitsui Banking Corporation"},{"label":"Rate","value":"Term SOFR Rate, plus an applicable margin"},{"label":"Maturity","value":"April 21, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6b8fe6ea90cca198fd678d5d4b507ccc6298d8c1","claim":"CHS INC amended 2023 Third Amended and Restated Credit Agreement (5-Year Revolving Loan) with CoBank, ACB, and other lenders valued at $2,800,000,000 (effective 2023-04-21).","evidence_excerpt":"On April 21, 2023, CHS Inc. (the \"Company\") entered into a 2023 Third Amended and Restated Credit Agreement (5-Year Revolving Loan) (the \"2023 Revolving Credit Agreement\") with CoBank, ACB (\"CoBank\"), for its own benefit as a lender and as the administrative agent and the bid agent for the benefit of the present and future lenders, Sumitomo Mitsui Banking Corporation, for its own benefit as a lender and as the syndication agent, and the other lenders thereto, which 2023 Revolving Credit Agreement amends and restates the 2019 Amended and Restated Credit Agreement (5-Year Revolving Loan) (the \"2019 Revolving Credit Agreement\"), dated as of July 16, 2019","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/823277/000082327723000027/0000823277-23-000027-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CoBank, ACB, and other lenders"},{"label":"Value","value":"$2,800,000,000"},{"label":"Effective","value":"2023-04-21"}],"fact_type":"material_agreement"},{"claim_id":"eb52ef6988753a672f1e7faa24dda9524d0a449c","claim":"CHS INC amended 2015 Term Loan Credit Agreement Amendment (effective 2023-04-21).","evidence_excerpt":"In connection with the execution of the 2023 Revolving Credit Agreement, on April 21, 2023, the Company also entered into a Fourth Amendment (the \"2015 Term Loan Credit Agreement Amendment\") to that certain 2015 Credit Agreement (10-Year Term Loan) (the \"2015 Term Loan Credit Agreement\"), dated as of September 4, 2015, as amended by the First Amendment to the 2015 Term Loan Credit Agreement, dated as of June 30, 2016, as amen","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/823277/000082327723000027/0000823277-23-000027-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Effective","value":"2023-04-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}