{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-047709","form_type":"8-K","ticker":"WS","cik":"0001968487","company_name":"Worthington Steel, Inc.","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.678720+00:00","generated_at":"2026-05-24T02:33:50.018860+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Tempel Canada enters CAD $57.5M loan with BDC to build new manufacturing facility","bullets":["Subsidiary Tempel Canada entered loan of up to CAD $57.5M from BDC for a new Burlington, Ontario facility.","Construction draw loan; draw period ends March 21, 2026, unless extended; interest-only until July 2026.","Interest at BDC Floating Base Rate minus 1.75% during construction; borrower option after construction.","Matures June 1, 2051; Worthington guarantees 20% of loan on demand, releasable when balance ≤ CAD $40M.","Secured by mortgage, rent assignment, and liens; Tempel Canada must meet debt/equity ≤1.0 and FCCR ≥1.15."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-047709","json":"https://secwatch.observer/filing/0000950170-25-047709.json","markdown":"https://secwatch.observer/filing/0000950170-25-047709.md","text":"https://secwatch.observer/filing/0000950170-25-047709.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1968487/000095017025047709/0000950170-25-047709-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1968487/000095017025047709/ws-20250325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:33:50.018860+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}