secwatch.observer — SEC 8-K summary
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Issuer:     Ingredion Inc (INGR)
CIK:        0001046257
Form:       8-K
Filed at:   2025-08-28T23:59:59+00:00
Accession:  0001046257-25-000070
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingredion enters $1.0B five-year revolving credit facility, replacing prior facility
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046257/000104625725000070/0001046257-25-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046257/000104625725000070/ingr-20250827.htm
  HTML page:      https://secwatch.observer/filing/0001046257-25-000070

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