{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-013659","form_type":"8-K","ticker":"ASH","cik":"0001674862","company_name":"ASHLAND INC.","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.981405+00:00","generated_at":"2026-06-16T22:35:17.167174+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Ashland amends receivables facility: increases cap to $115M during peak season, extends maturity to 2025","bullets":["Facility limit raised to $115M for April-October and $100M otherwise; termination extended to April 14, 2025.","Yield on investments set at commercial paper rate or Term SOFR/Daily 1M SOFR plus adjustment, floor 0%.","Second amendment releases Ashland Inc. as originator under the Purchase and Sale Agreement.","PNC Bank and Fifth Third Bank remain purchasers; PNC is administrative agent."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-013659","json":"https://secwatch.observer/filing/0000950170-23-013659.json","markdown":"https://secwatch.observer/filing/0000950170-23-013659.md","text":"https://secwatch.observer/filing/0000950170-23-013659.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023013659/0000950170-23-013659-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023013659/ash-20230414.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:35:17.167174+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":"2c5a38d51b77346ef78ab369982ea1d02d5aed8f","claim":"ASHLAND INC. amended debt of up to $115 million between April and October of each year, and up to $100 million at all other times with PNC Bank, National Association and Fifth Third Bank, National Association at a fluctuating rate that is either the applicable commercial paper rate (as defin maturing April 14, 2025.","evidence_excerpt":"Pursuant to the Third Amendment, the accounts receivable securitization facility under the RPA will be in an amount of up to $115 million between April and October of each year, and up to $100 million at all other times.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023013659/0000950170-23-013659-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"up to $115 million between April and October of each year, and up to $100 million at all other times"},{"label":"Counterparty","value":"PNC Bank, National Association and Fifth Third Bank, National Association"},{"label":"Rate","value":"a fluctuating rate that is either the applicable commercial paper rate (as defin"},{"label":"Maturity","value":"April 14, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}