{"schema_version":"secwatch.filing_event.v1","accession":"0000931148-24-000119","form_type":"8-K","ticker":"EAF","cik":"0000931148","company_name":"GRAFTECH INTERNATIONAL LTD","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.424087+00:00","generated_at":"2026-05-30T02:37:08.616909+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"GrafTech enters debt restructuring with $275M new loans; projects negative EBITDA through 2025","bullets":["$175M initial first lien term loans + $100M delayed draw commitments; new $225M revolver maturing Nov 2028.","Exchange offers for all 4.625% and 9.875% secured notes due 2028 for new second lien notes due 2029 at par.","Over 81% of existing noteholders committed to tender and consent; closing requires ≥80% aggregate participation.","Projections: Adj. EBITDA $0M in 2024, ($28M)-$31M in 2025, then $346M by 2028; unlevered adj. FCF negative through 2025.","Term loans bear SOFR+6.00% (2% floor) or base+5.00%; ticking fee 3.75% p.a. on undrawn delayed draw commitments."],"urls":{"canonical":"https://secwatch.observer/filing/0000931148-24-000119","json":"https://secwatch.observer/filing/0000931148-24-000119.json","markdown":"https://secwatch.observer/filing/0000931148-24-000119.md","text":"https://secwatch.observer/filing/0000931148-24-000119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931148/000093114824000119/0000931148-24-000119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931148/000093114824000119/gti-20241111.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:37:08.616909+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"}