---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-237918"
form_type: "8-K"
ticker: "AP"
cik: "0000006176"
company_name: "AMPCO PITTSBURGH CORP"
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:54:11.415216+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ampco-Pittsburgh completes $15.5M sale-leaseback of VA facilities; 20-yr lease with $2.94M annual rent

## Summary
- ALS sold Lynchburg and Amherst, VA manufacturing facilities for ~$15.5M to Store Capital Acquisitions.
- Union Electric Steel (UES) executed 20-year master lease (to 2042) with four 5-year renewal options.
- Combined base annual rent of $2,939,139 payable in equal monthly installments; annual escalator of lesser of 2.02% or 1.25x CPI.
- UES has option to repurchase all facilities after 10 years at greater of 115% of Lessor's Total Investment or Fair Market Value.
- Up to $2.5M disbursement agreement for improvements at Carnegie, PA facility; Ampco provides unconditional guaranty.

## SEC filing metadata
- accession: 0001193125-22-237918
- form_type: 8-K
- ticker: AP
- cik: 0000006176
- company_name: AMPCO PITTSBURGH CORP
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6176/000119312522237918/0001193125-22-237918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6176/000119312522237918/d402397d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-237918
- JSON: https://secwatch.observer/filing/0001193125-22-237918.json
- Plain text: https://secwatch.observer/filing/0001193125-22-237918.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.