{"schema_version":"secwatch.filing_event.v1","accession":"0001046257-25-000070","form_type":"8-K","ticker":"INGR","cik":"0001046257","company_name":"Ingredion Inc","filed_at":"2025-08-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.192709+00:00","generated_at":"2026-05-17T09:22:24.420561+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Ingredion enters $1.0B five-year revolving credit facility, replacing prior facility","bullets":["$1.0B unsecured revolving credit facility maturing August 27, 2030; no borrowings drawn at closing.","Replaces prior $1.0B facility dated June 30, 2021 (would have matured June 30, 2026).","SOFR margin initially 1.00%; base rate margin 0.00%; unused commitment fee 0.09% per annum.","Financial covenants: maximum leverage ratio 3.5:1; minimum interest coverage ratio 3.5:1.","Up to $500M available for subsidiary borrowers; option to request incremental commitments up to $750M."],"urls":{"canonical":"https://secwatch.observer/filing/0001046257-25-000070","json":"https://secwatch.observer/filing/0001046257-25-000070.json","markdown":"https://secwatch.observer/filing/0001046257-25-000070.md","text":"https://secwatch.observer/filing/0001046257-25-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046257/000104625725000070/0001046257-25-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046257/000104625725000070/ingr-20250827.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:22:24.420561+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":"0aa9a3d43afc83bc5adec4407f51334743f28d19","claim":"Ingredion Inc incurred revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as administrative agent at SOFR plus 1.00% or base rate plus 0.00% maturing August 27, 2030.","evidence_excerpt":"described in Item 1.02 below, which was terminated. The Credit Agreement provides for a five-year unsecured revolving credit facility in an aggregate principal amount of $1.0 billion outstanding at any time (the “Revolving Credit Facility”), of which up to $25 million is available as swingline loans and up to $50 million as letters of credit. Loans under the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046257/000104625725000070/0001046257-25-000070-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as administrative agent"},{"label":"Rate","value":"SOFR plus 1.00% or base rate plus 0.00%"},{"label":"Maturity","value":"August 27, 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"}