{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-090898","form_type":"8-K","ticker":"AP","cik":"0000006176","company_name":"AMPCO PITTSBURGH CORP","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.030197+00:00","generated_at":"2026-05-18T16:58:46.959086+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Ampco-Pittsburgh closes $100M revolver and $13.5M term loan; maturity 2030","bullets":["New $100M asset-based revolver, expandable to $125M, matures June 25, 2030.","$13.5M term loan drawn at close; proceeds used to reduce revolver borrowings.","Interest rates: SOFR + 2.00%-2.50% on revolver, +3.00%-3.50% on term loan.","Joint lead arrangers: PNC Capital Markets and F.N.B. Capital Markets; PNC Bank as agent.","Minimum Fixed Charge Coverage Ratio of 1.05x applies if excess availability threshold not met."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-090898","json":"https://secwatch.observer/filing/0000950170-25-090898.json","markdown":"https://secwatch.observer/filing/0000950170-25-090898.md","text":"https://secwatch.observer/filing/0000950170-25-090898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/6176/000095017025090898/0000950170-25-090898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/6176/000095017025090898/ap-20250625.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T16:58:46.959086+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":"282fa26fa32a69bd1ff0ef75da0f8f6e032fe6db","claim":"AMPCO PITTSBURGH CORP incurred term loan of $13,500,000 at SOFR plus an applicable margin ranging between 3.00% and 3.50%.","evidence_excerpt":"Under the Credit Agreement, the Borrowers may also borrow up to $13,500,000 pursuant to senior secured term loans (the “Term Loans\"). On the date of closing, $13,500,000 was advanced as Term Loans","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/6176/000095017025090898/0000950170-25-090898-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$13,500,000"},{"label":"Rate","value":"SOFR plus an applicable margin ranging between 3.00% and 3.50%"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2bc03481d49509bbbaab4774efaa6d21559bade5","claim":"AMPCO PITTSBURGH CORP incurred revolving credit of $100,000,000 at SOFR plus an applicable margin ranging between 2.00% and 2.50% maturing June 25, 2030.","evidence_excerpt":"The Credit Agreement provides for a $100,000,000 senior secured asset-based revolving credit facility (the “Revolving Facility\")","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/6176/000095017025090898/0000950170-25-090898-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$100,000,000"},{"label":"Rate","value":"SOFR plus an applicable margin ranging between 2.00% and 2.50%"},{"label":"Maturity","value":"June 25, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}