{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-100168","form_type":"8-K","ticker":"RS","cik":"0000861884","company_name":"RELIANCE, INC.","filed_at":"2024-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.066744+00:00","generated_at":"2026-05-31T04:49:15.884856+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":"Reliance enters $1.5B unsecured revolving credit facility, drops interest coverage covenant","bullets":["New five-year senior unsecured revolving facility of $1.5 billion, replacing 2020 credit agreement.","Facility includes $150M letter of credit sublimit and $50M swing line sublimit.","Initial pricing at SOFR + 1.00%, unused fee 0.10%; margin fluctuates with total net leverage ratio.","Interest coverage ratio covenant removed; only maximum total net leverage ratio remains as financial covenant.","As of September 10, 2024, approximately $82 million was outstanding under the facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-100168","json":"https://secwatch.observer/filing/0001104659-24-100168.json","markdown":"https://secwatch.observer/filing/0001104659-24-100168.md","text":"https://secwatch.observer/filing/0001104659-24-100168.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861884/000110465924100168/0001104659-24-100168-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861884/000110465924100168/tm2423965d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T04:49:15.884856+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}