---
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"
generated_at: "2026-05-20T12:52:57.167726+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Garrett Motion reprices $635M term loan, rate cut 25bps to SOFR+175bps, repays $50M early

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-001458
- JSON: https://secwatch.observer/filing/0000950142-26-001458.json
- Plain text: https://secwatch.observer/filing/0000950142-26-001458.txt

## Key facts
- Material Agreements
  Garrett Motion Inc. amended Amendment No. 2 with JPMorgan Chase Bank, N.A., as administrative agent (effective 2026-05-18).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Effective: 2026-05-18
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1735707/000095014226001458/0000950142-26-001458-index.htm

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