{"schema_version":"secwatch.filing_event.v1","accession":"0001023128-25-000107","form_type":"8-K","ticker":"LAD","cik":"0001023128","company_name":"LITHIA MOTORS INC","filed_at":"2025-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.146388+00:00","generated_at":"2026-05-17T16:03:13.636890+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Lithia Motors increases credit facility from $6.0B to $6.5B, with option to expand to $7.0B","bullets":["Total commitment increased to $6.5B from $6.0B; may be further expanded to $7.0B subject to lender approval.","Initial allocations: $3B new vehicle floorplan, $900M used vehicle floorplan, $2.5B revolver, $100M service loaner floorplan.","Revolver limit raised to 50% of aggregate commitment; eligible real estate limit increased to 32.5% of aggregate commitment.","Financing operations interest expense removed from fixed charge coverage ratio calculation.","TD Bank exited as lender; U.S. Bank remains administrative agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001023128-25-000107","json":"https://secwatch.observer/filing/0001023128-25-000107.json","markdown":"https://secwatch.observer/filing/0001023128-25-000107.md","text":"https://secwatch.observer/filing/0001023128-25-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023128/000102312825000107/0001023128-25-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023128/000102312825000107/lad-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T16:03:13.636890+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":"bfc2c7e5adb483837e206a0406de85a391f3a0a8","claim":"LITHIA MOTORS INC amended credit facility of increases the total financing commitment from $6.0 billion to $6.5 billion with U.S. Bank National Association.","evidence_excerpt":"agent for the lenders, and each of the lenders party to the Loan Agreement, as lenders. Among other changes, the Sixth Amendment: • Increases the total financing commitment from $6.0 billion to $6.5 billion, which may be further expanded to up to a total of $7.0 billion, subject to Lender approval and the satisfaction of other conditions, with initial allocations as","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312825000107/0001023128-25-000107-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"increases the total financing commitment from $6.0 billion to $6.5 billion"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Event","value":"amendment"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}