{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-26-001458","form_type":"8-K","ticker":"GTX","cik":"0001735707","company_name":"Garrett Motion Inc.","filed_at":"2026-05-20T12:45:25+00:00","discovered_at":"2026-05-20T12:50:00.341722+00:00","generated_at":"2026-05-20T12:52:57.167726+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Garrett Motion reprices $635M term loan, rate cut 25bps to SOFR+175bps, repays $50M early","bullets":["Interest rate on $635M term loan reduced 25 bps to SOFR + 175 bps, effective May 18, 2026.","Company made a $50M early repayment on the term loan due 2032.","Second Amendment resets 1.00% soft call protection on repricing transactions for six months.","CEO Olivier Rabiller says repricing reflects lender confidence and will reduce interest expense."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-26-001458","json":"https://secwatch.observer/filing/0000950142-26-001458.json","markdown":"https://secwatch.observer/filing/0000950142-26-001458.md","text":"https://secwatch.observer/filing/0000950142-26-001458.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1735707/000095014226001458/0000950142-26-001458-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1735707/000095014226001458/eh260781731_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T12:52:57.167726+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":"c97fd0706802704b6fef9d16ceba9b88db213e06","claim":"Garrett Motion Inc. amended Amendment No. 2 with JPMorgan Chase Bank, N.A., as administrative agent (effective 2026-05-18).","evidence_excerpt":"On May 18, 2026, Garrett Motion Inc. (the “Company”) entered into Amendment No. 2 (the “Second Amendment”) to that certain Amended and Restated Credit Agreement, dated as of January 30, 2025, by and among the Company, Garrett Motion Holdings Inc., Garrett LX I S.à r.l., Garrett Motion Sàrl, the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A., as administrative agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1735707/000095014226001458/0000950142-26-001458-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":"Effective","value":"2026-05-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}