{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-106419","form_type":"8-K","ticker":"PAA","cik":"0001070423","company_name":"PLAINS ALL AMERICAN PIPELINE LP","filed_at":"2026-09-09T21:48:58+00:00","discovered_at":"2026-09-10T10:05:00.506829+00:00","generated_at":"2026-09-10T10:05:58.919151+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"PAA prices $1.5B junior subordinated notes; redeems all preferred units","bullets":["Priced $700M 6.75% Series A and $800M 7.00% Series B junior sub notes due 2056.","Proceeds to redeem all 58.4M Series A preferred units at $28.875/unit (110% of par) and 800k Series B at $1,000/unit.","Redemptions expected Sept 14 (Series A) and Oct 9 (Series B) 2026; offering closes Sept 14.","Net proceeds plus cash on hand and commercial paper fund the redemptions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-106419","json":"https://secwatch.observer/filing/0001104659-26-106419.json","markdown":"https://secwatch.observer/filing/0001104659-26-106419.md","text":"https://secwatch.observer/filing/0001104659-26-106419.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926106419/0001104659-26-106419-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926106419/tm2624962d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-10T10:05:58.919151+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"}