{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-125719","form_type":"8-K","ticker":"XPO","cik":"0001166003","company_name":"XPO, Inc.","filed_at":"2023-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.397629+00:00","generated_at":"2026-06-07T13:20:17.053628+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"XPO closes $985M debt issuance for Yellow asset purchase and debt refinancing","bullets":["Issued $585M of 7.125% senior notes due 2032 at par; interest payable semiannually starting Aug 1, 2024.","Obtained $400M incremental term loans (due 2031) at SOFR+2.00% or base+1.00%; issued at par.","Proceeds to fund $870M acquisition of 28 Yellow Corp service centers and redeem $112M of existing 6.250% notes due 2025.","Called all $112M existing notes for redemption on Dec 20, 2023 at 101.563% plus accrued interest.","Terminated previously announced bridge loan commitments concurrently with closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-125719","json":"https://secwatch.observer/filing/0001104659-23-125719.json","markdown":"https://secwatch.observer/filing/0001104659-23-125719.md","text":"https://secwatch.observer/filing/0001104659-23-125719.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1166003/000110465923125719/0001104659-23-125719-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1166003/000110465923125719/tm2332064d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:20:17.053628+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":"a2e304aa47a882fd94a798bdea49396d64752e12","claim":"XPO, Inc. amended Amendment with Morgan Stanley Senior Funding, Inc. valued at $400 million in aggregate principal amount of incremental term loans (effective 2023-12-13).","evidence_excerpt":"On December 13, 2023, XPO entered into that certain Incremental Amendment (Amendment No. 9 to Credit Agreement) (the “ Amendment ”), by and among XPO, its subsidiaries signatory thereto, as guarantors, the lenders party thereto and Morgan Stanley Senior Funding, Inc., in its capacity as administrative agent (the “ Administrative Agent ”), amending that certain Senior Secured Term Loan Credit Agreement, dated as of October 30, 2015 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “ Term Loan Credit Agreement ”), by and among XPO, its subsidiaries from time to time party thereto, as guarantors, the lenders from time to time party thereto and the Administrative Agent. Pursuant to the Amendment, XPO obtained $400 million in aggregate principal amount of incremental term loans under the Term Loan Credit Agreement (the “ Incremental Term Loans ”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1166003/000110465923125719/0001104659-23-125719-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Morgan Stanley Senior Funding, Inc."},{"label":"Value","value":"$400 million in aggregate principal amount of incremental term loans"},{"label":"Effective","value":"2023-12-13"}],"fact_type":"material_agreement"},{"claim_id":"edf8d1e9591838569e0873ec71f5a3e3e9af86ae","claim":"XPO, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $585 million aggregate principal amount of 7.125% senior notes due 2032 (effective 2023-12-13).","evidence_excerpt":"On December 13, 2023, XPO, Inc. (“ XPO ”) completed the private placement of $585 million aggregate principal amount of 7.125% senior notes due 2032 (the “ Notes ”). The Notes were issued pursuant to an indenture dated as of December 13, 2023 (the “ Indenture ”) among XPO, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1166003/000110465923125719/0001104659-23-125719-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$585 million aggregate principal amount of 7.125% senior notes due 2032"},{"label":"Effective","value":"2023-12-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}