{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-062043","form_type":"8-K","ticker":"AROC","cik":"0001389050","company_name":"Archrock, Inc.","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.668103+00:00","generated_at":"2026-06-14T21:02:07.003797+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Archrock enters $750M amended asset-based credit facility maturing 2028","bullets":["Facility replaces existing 2017 credit agreement; total commitments of $750M, expandable by $750M with lender consent.","Maturity May 16, 2028; earlier if 2027 or 2028 senior notes remain outstanding at certain dates.","Borrowing base: 85% receivables, 80-95% compression unit book value; interest at Term SOFR +2.00-2.75% or Base Rate +1.00-1.75%.","Financial covenants: Total Leverage Ratio ≤5.50:1 (falling to 5.25:1 after Q3 2023), Interest Coverage ≥2.50:1, Senior Secured Leverage ≤3.00:1.","Proceeds for working capital, general corporate purposes; guaranteed by Archrock and domestic subsidiaries, secured by U.S. assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-062043","json":"https://secwatch.observer/filing/0001104659-23-062043.json","markdown":"https://secwatch.observer/filing/0001104659-23-062043.md","text":"https://secwatch.observer/filing/0001104659-23-062043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389050/000110465923062043/0001104659-23-062043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389050/000110465923062043/tm2316175d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T21:02:07.003797+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":"013165a92b6aebca39d51b80fd125ed93717d3ef","claim":"Archrock, Inc. amended revolving credit of $750 million with JPMorgan Chase Bank, N.A. at Term SOFR plus 2.00% to 2.75% per annum or Alternate Base Rate plus 1.00% to 1.7 maturing May 16, 2028.","evidence_excerpt":"The A&R Credit Agreement provides for an asset-based revolving credit facility to be made available to the Borrowers in an aggregate principal amount of $750 million (such credit facility, the “Credit Facility”). The Credit Facility will mature on May 16, 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389050/000110465923062043/0001104659-23-062043-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$750 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Term SOFR plus 2.00% to 2.75% per annum or Alternate Base Rate plus 1.00% to 1.7"},{"label":"Maturity","value":"May 16, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"461c796170ad953655727fc957d3f1f366ec8694","claim":"Archrock, Inc. amended A&R Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $750 million (effective 2023-05-16).","evidence_excerpt":"On May 16, 2023 (the “A&R Effective Date”), Archrock, Inc. (“we” or “us”), Archrock Partners Operating LLC and Archrock Services, L.P. (\"ASLP\" and, together with Archrock Partners Operating LLC, the “Borrowers” and each, a “Borrower”), and certain of our subsidiaries entered into an Amended and Restated Credit Agreement (the “A&R Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), and certain financial institutions as lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389050/000110465923062043/0001104659-23-062043-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Value","value":"$750 million"},{"label":"Effective","value":"2023-05-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}