{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-107512","form_type":"8-K","ticker":"PAA","cik":"0001070423","company_name":"PLAINS ALL AMERICAN PIPELINE LP","filed_at":"2026-09-14T20:30:13+00:00","discovered_at":"2026-09-14T20:32:13.120482+00:00","generated_at":"2026-09-14T20:37:16.923308+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Plains All American completes $1.5B junior subordinated notes offering","bullets":["$700M 6.750% Series A and $800M 7.000% Series B junior sub notes, both due Dec 15, 2056.","Interest payable semi-annually Jun 15/Dec 15, starting Jun 15, 2027; rates reset after 2031/2036 with five-year resets.","Notes unsecured, junior to senior debt; no subsidiary guarantees; redeemable at par in 90-day window before first reset.","Underwriters: J.P. Morgan, Citigroup, Mizuho, MUFG, Truist; U.S. Bank Trust Company as trustee."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-107512","json":"https://secwatch.observer/filing/0001104659-26-107512.json","markdown":"https://secwatch.observer/filing/0001104659-26-107512.md","text":"https://secwatch.observer/filing/0001104659-26-107512.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926107512/0001104659-26-107512-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926107512/tm2625341d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-14T20:37:16.923308+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"}