---
schema_version: "secwatch.filing_event.v1"
accession: "0000931148-23-000108"
form_type: "8-K"
ticker: "EAF"
cik: "0000931148"
company_name: "GRAFTECH INTERNATIONAL LTD"
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T17:29:00.295730+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GrafTech subsidiary issues $450M 9.875% senior secured notes (10.5% yield) due Dec 2028

## Summary
- Issued $450M aggregate principal of 9.875% Senior Secured Notes due 2028 at 97.456% of par (10.5% yield).
- Interest payable semi-annually on June 15 and December 15, commencing December 15, 2023.
- Notes mature December 15, 2028; guaranteed on senior secured basis by parent and certain subsidiaries.
- Indenture includes customary covenants limiting additional debt, liens, investments, and asset sales.
- Redemption optional at specified prices; change of control and asset sale offers required.

## SEC filing metadata
- accession: 0000931148-23-000108
- form_type: 8-K
- ticker: EAF
- cik: 0000931148
- company_name: GRAFTECH INTERNATIONAL LTD
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/931148/000093114823000108/0000931148-23-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/931148/000093114823000108/gti-20230626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000931148-23-000108
- JSON: https://secwatch.observer/filing/0000931148-23-000108.json
- Plain text: https://secwatch.observer/filing/0000931148-23-000108.txt

## Key facts
- Debt Financings
  GRAFTECH INTERNATIONAL LTD incurred senior notes of $450 million aggregate principal amount with U.S. Bank Trust Company, National Association at 9.875% per annum maturing December 15, 2028.
  - Instrument: senior notes
  - Principal: $450 million aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 9.875% per annum
  - Maturity: December 15, 2028
  - Event: incurrence
  source text: On June 26, 2023, GrafTech Global Enterprises Inc. (the “Issuer”), an indirect, wholly-owned subsidiary of GrafTech International Ltd. (the “Company”), issued $450 million aggregate principal amount of 9.875% Senior Secured Notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/931148/000093114823000108/0000931148-23-000108-index.htm
- Material Agreements
  GRAFTECH INTERNATIONAL LTD entered into 9.875% Senior Secured Notes due 2028 Indenture and Collateral Agreement with U.S. Bank Trust Company, National Association valued at $450 million aggregate principal amount of 9.875% Senior Secured Notes due 2028 (effective 2023-06-26).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $450 million aggregate principal amount of 9.875% Senior Secured Notes due 2028
  - Effective: 2023-06-26
  source text: On June 26, 2023, GrafTech Global Enterprises Inc. (the "Issuer"), an indirect, wholly-owned subsidiary of GrafTech International Ltd. (the "Company"), issued $450 million aggregate principal amount of 9.875% Senior Secured Notes due 2028 (the "Notes"), including $11.4 million of original issue discount to yield 10.500%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/931148/000093114823000108/0000931148-23-000108-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.