{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-054863","form_type":"8-K","ticker":"ASH","cik":"0001674862","company_name":"ASHLAND INC.","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.023838+00:00","generated_at":"2026-06-09T14:17:36.027601+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Ashland enters €125M three-year receivables securitization program","bullets":["€125 million EU A/R Facility with three-year maturity; Bank of America as administrative agent.","Receivables sold to bankruptcy-remote Irish entity; off-balance-sheet treatment.","Company provides performance guaranty but not credit guaranty on receivables.","Variable yield based on EURIBOR, SOFR, SONIA plus margin; customary covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-054863","json":"https://secwatch.observer/filing/0000950170-23-054863.json","markdown":"https://secwatch.observer/filing/0000950170-23-054863.md","text":"https://secwatch.observer/filing/0000950170-23-054863.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/0000950170-23-054863-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/ash-20231019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T14:17:36.027601+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":"9df525bb7a13395aaf9aa945c90e34b0d3daca5f","claim":"ASHLAND INC. incurred debt of €125 million with Bank of America, N.A. at variable rate plus a margin.","evidence_excerpt":"entered into definitive agreements to establish a three-year €125 million receivables securitization program (the “EU A/R Facility”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/0000950170-23-054863-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"€125 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"variable rate plus a margin"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fd81392e10d555f3d90a6fcb383f1350493f45fe","claim":"ASHLAND INC. entered into EU A/R Facility with Bank of America, N.A. valued at €125 million (effective 2023-10-19).","evidence_excerpt":"On October 19, 2023, Ashland Inc. (the “Company”), Ashland International Receivables Designated Activity Company, a wholly-owned subsidiary of the Company and a bankruptcy remote Irish designated activity company, as seller (the “Seller”), and certain of the Company’s wholly-owned international subsidiaries (the “Originators”) entered into definitive agreements to establish a three-year €125 million receivables securitization program (the “EU A/R Facility”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023054863/0000950170-23-054863-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Value","value":"€125 million"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}