{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-064371","form_type":"8-K","ticker":"FCEL","cik":"0000886128","company_name":"FUELCELL ENERGY INC","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.620935+00:00","generated_at":"2026-06-14T15:24:22.101845+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FuelCell Energy closes $80.5M term loan facility backed by six operating projects","bullets":["Borrowed $80.5M from Investec, BMO, Liberty, Amalgamated, and CT Green Bank; maturity date May 2030.","Proceeds used to repay ~$11.4M Bridgeport debt, ~$15.7M PNC lease buyouts, and ~$1.8M CT Green Bank debt.","Net of fees and reserve funding, $46.1M distributed to the Company as unrestricted cash.","Interest rate hedged via swaps; all-in fixed rate 6.366% first 4 years, 6.866% thereafter.","Projects securing loan: Bridgeport, CCSU, Pfizer, LIPA Yaphank, Riverside, and Santa Rita jail."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-064371","json":"https://secwatch.observer/filing/0001104659-23-064371.json","markdown":"https://secwatch.observer/filing/0001104659-23-064371.md","text":"https://secwatch.observer/filing/0001104659-23-064371.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886128/000110465923064371/0001104659-23-064371-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886128/000110465923064371/tm2316597d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T15:24:22.101845+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":"339364d01b5a116292832f4dc60d6ae350f972e2","claim":"FUELCELL ENERGY INC entered into Financing Agreement with Investec Bank plc, Investec, Inc., Bank of Montreal (Chicago Branch), Liberty Bank, Amalgamated Bank and Connecticut Green Bank valued at $80.5 million (effective 2023-05-19).","evidence_excerpt":"On May 19, 2023, FuelCell Energy Opco Finance 1, LLC (“Borrower”), a wholly owned subsidiary of FuelCell Energy Finance, LLC (“FCEF”), which, in turn, is a wholly owned subsidiary of FuelCell Energy, Inc. (the “Company”), entered into a Financing Agreement (the “Financing Agreement”) with, by and among Investec Bank plc in its capacities as a lender (“Investec Lender”), administrative agent (“Administrative Agent”), and collateral agent (“Collateral Agent”); Investec, Inc. as coordinating lead arranger and sole bookrunner; Bank of Montreal (Chicago Branch) in its capacity as a lender (“BMO Lender”) and as mandated lead arranger; and each of Liberty Bank, Amalgamated Bank and Connecticut Green Bank as lenders (collectively with Investec Lender and BMO Lender, the “Lenders”) for a term loan facility in an amount not to exceed $80.5 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886128/000110465923064371/0001104659-23-064371-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Investec Bank plc, Investec, Inc., Bank of Montreal (Chicago Branch), Liberty Bank, Amalgamated Bank and Connecticut Green Bank"},{"label":"Value","value":"$80.5 million"},{"label":"Effective","value":"2023-05-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}