{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-083086","form_type":"8-K","ticker":"INSW","cik":"0001679049","company_name":"International Seaways, Inc.","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.618295+00:00","generated_at":"2026-05-17T09:57:46.954923+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"International Seaways enters $239.7M term loan and $91.9M revolver for six LR1 tanker newbuilds","bullets":["Credit facility with DNB Bank ASA composed of $239.7M term loan and $91.9M revolving credit facility.","Facilities have effective 20-year amortization and are secured by first liens on vessel-owning subsidiaries.","K-Sure insures ~70% of first four vessels and ~60% of last two, up to aggregate $239.7M.","Interest margins: 1.10% per annum for K-Sure covered tranches, 1.45% for commercial tranche.","No amounts drawn yet; first newbuilding delivery expected in late Q3 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-083086","json":"https://secwatch.observer/filing/0001104659-25-083086.json","markdown":"https://secwatch.observer/filing/0001104659-25-083086.md","text":"https://secwatch.observer/filing/0001104659-25-083086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679049/000110465925083086/0001104659-25-083086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679049/000110465925083086/tm2524342d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:57:46.954923+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":"bef8e725422109d236f4dfe63caf9cb0ab9f6cce","claim":"International Seaways, Inc. incurred credit facility of up to $239.7 million term loan facility and up to $91.9 million revolving credit facility with DNB Bank ASA, New York Branch, as facility agent; K-SURE agent, security agent and hedge counterparty; DNB Capital LLC, as lender; and DNB Markets, Inc., as arranger at Term SOFR plus margin of 1.10% per annum for K-SURE covered tranche and 1.45% pe maturing 12-year term loan facility with 20-year amortization profile; each K-SURE covered tranche repaid in 24 equal consecutive semi-annual instalments.","evidence_excerpt":"agent and hedge counterparty; DNB Capital LLC, as lender; and DNB Markets, Inc., as arranger. The ECA Credit Facility consists of (1) a 12-year term loan facility of up to $239.7 million (the “ Term Loan Facility ”) and (2) a revolving credit facility of up to $91.9 million (the “ Revolving Facility ” and, together with the Term Loan Facility, the “ Facilities","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1679049/000110465925083086/0001104659-25-083086-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $239.7 million term loan facility and up to $91.9 million revolving credit facility"},{"label":"Counterparty","value":"DNB Bank ASA, New York Branch, as facility agent; K-SURE agent, security agent and hedge counterparty; DNB Capital LLC, as lender; and DNB Markets, Inc., as arranger"},{"label":"Rate","value":"Term SOFR plus margin of 1.10% per annum for K-SURE covered tranche and 1.45% pe"},{"label":"Maturity","value":"12-year term loan facility with 20-year amortization profile; each K-SURE covered tranche repaid in 24 equal consecutive semi-annual instalments"},{"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"}