{"schema_version":"secwatch.filing_event.v1","accession":"0000947871-24-000495","form_type":"8-K","ticker":"DCH","cik":"0001062231","company_name":"Dauch Corp","filed_at":"2024-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.134035+00:00","generated_at":"2026-06-01T14:20:56.694036+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"AAM enters $648M term loan B refinancing, matures Dec 2029 at SOFR+3.00%","bullets":["New $648M Term Loan B facility fully prepays existing term loan B facility.","Maturity December 13, 2029, unless >$250M senior notes outstanding with near-term maturity triggers earlier date.","Interest: Term SOFR + 3.00% p.a. (base rate + 2.00%); minimum Term SOFR of 0.00%.","Proceeds used to repay entire existing term loan B, accrued interest, and fees.","Revolving credit facility and term loan A terms remain unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000947871-24-000495","json":"https://secwatch.observer/filing/0000947871-24-000495.json","markdown":"https://secwatch.observer/filing/0000947871-24-000495.md","text":"https://secwatch.observer/filing/0000947871-24-000495.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/0000947871-24-000495-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/ss3397139_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T14:20:56.694036+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":"95a4fd5279c00cfdb02d9b071b481eda20b7a1c1","claim":"Dauch Corp incurred term loan of $648 million with JPMorgan Chase Bank, N.A., as administrative agent; New Tranche B Term Lenders at Adjusted Term SOFR Rate plus 3.00% per annum; alternate base rate plus 2.00% per maturing December 13, 2029.","evidence_excerpt":"party thereto from time to time as a lender, and the Administrative Agent. Pursuant to the Refinancing Facility Agreement, the New Tranche B Term Lenders agreed to provide a $648 million term loan B facility (the “ New Term Loan B Facility ”), the proceeds from which, together with cash on hand of AAM, were used to (a) prepay the entire principal amount of the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/0000947871-24-000495-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$648 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent; New Tranche B Term Lenders"},{"label":"Rate","value":"Adjusted Term SOFR Rate plus 3.00% per annum; alternate base rate plus 2.00% per"},{"label":"Maturity","value":"December 13, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"60d091ab0ca08275534d2a77a0181fd07a812083","claim":"Dauch Corp amended Refinancing Facility Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $648 million (effective 2024-05-16).","evidence_excerpt":"On May 16, 2024, American Axle & Manufacturing Holdings, Inc. (“ Holdings ”), American Axle & Manufacturing, Inc., a wholly owned subsidiary of Holdings (“ AAM ”) entered into the Refinancing Facility Agreement No. 2 (the “ Refinancing Facility Agreement ”), among AAM, as borrower, Holdings, each financial institution party thereto as a lender (the “ New Tranche B Term Lenders ”) and JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent ”), amending the Amended and Restated Credit Agreement, dated as of March 11, 2022 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “ Amended and Restated Credit Agreement ”), among AAM, as borrower, Holdings, each financial institution party thereto from time to time as a lender, and the Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/0000947871-24-000495-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Value","value":"$648 million"},{"label":"Effective","value":"2024-05-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}