{"schema_version":"secwatch.filing_event.v1","accession":"0001104657-25-000124","form_type":"8-K","ticker":"MTRN","cik":"0001104657","company_name":"MATERION Corp","filed_at":"2025-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.533894+00:00","generated_at":"2026-05-18T17:21:58.185204+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Materion enters $675M credit facility ($450M revolver + $225M term loan) maturing 2030","bullets":["$450M senior secured revolving credit facility and $225M senior secured term loan facility entered on June 26, 2025.","Term loan fully drawn on closing; facilities mature June 26, 2030.","Refinances prior Fourth Amended and Restated Credit Agreement dated October 2021.","Includes financial covenants: maximum net leverage ratio and minimum interest coverage ratio.","JPMorgan Chase is administrative agent; Wells Fargo and BofA are co-syndication agents."],"urls":{"canonical":"https://secwatch.observer/filing/0001104657-25-000124","json":"https://secwatch.observer/filing/0001104657-25-000124.json","markdown":"https://secwatch.observer/filing/0001104657-25-000124.md","text":"https://secwatch.observer/filing/0001104657-25-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1104657/000110465725000124/0001104657-25-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1104657/000110465725000124/mtrn-20250626.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T17:21:58.185204+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":"2b83778c75a71d139730e93a34da1aaedec6df7d","claim":"MATERION Corp incurred term loan of $225 million with JPMorgan Chase Bank, N.A., as administrative agent maturing June 26, 2030.","evidence_excerpt":"On June 26, 2025, Materion Corporation, an Ohio corporation (\"Materion\"), entered into a Fifth Amended and Restated Credit Agreement (the \"Credit Agreement\"), with JPMorgan Chase Bank, N.A., as administrative agent, Wells Fargo Bank National Association and Bank of America, N.A., as co-syndication agents, KeyBank National Association and PNC Bank, National Association, as co-documentation agents, and JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC and BofA Securities, Inc., as joint bookrunners and joint lead arrangers.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1104657/000110465725000124/0001104657-25-000124-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$225 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Maturity","value":"June 26, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"859a42608d254cd697c94099d7d7044e7284c024","claim":"MATERION Corp incurred revolving credit of $450 million with JPMorgan Chase Bank, N.A., as administrative agent maturing June 26, 2030.","evidence_excerpt":"the Credit Agreement provides for a $450 million senior secured revolving credit facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1104657/000110465725000124/0001104657-25-000124-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$450 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Maturity","value":"June 26, 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"}