{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-291119","form_type":"8-K","ticker":"VLO","cik":"0001035002","company_name":"VALERO ENERGY CORP/TX","filed_at":"2022-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.332764+00:00","generated_at":"2026-06-21T13:47:08.609083+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Valero extends $4B credit facility to Nov 2027, adds $1.5B accordion","bullets":["New $4B revolving credit facility matures Nov 22, 2027, extending from Mar 2024 maturity.","Facility allows up to $5.5B total commitments through $1.5B accordion feature.","Borrowings at SOFR +0.90%-1.45% or base rate +0.00%-0.45%, based on credit ratings.","Amends and restates March 2019 credit agreement; proceeds for general corporate purposes.","No earnings, dividends, or other material events reported in this filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-291119","json":"https://secwatch.observer/filing/0001193125-22-291119.json","markdown":"https://secwatch.observer/filing/0001193125-22-291119.md","text":"https://secwatch.observer/filing/0001193125-22-291119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035002/000119312522291119/0001193125-22-291119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035002/000119312522291119/d396276d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T13:47:08.609083+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":"36702f25ff922c2ef6126cff3204816b0b09f693","claim":"VALERO ENERGY CORP/TX amended revolving credit of up to $4,000,000,000 with JPMorgan Chase Bank, N.A. as Administrative Agent and the several lenders party thereto at Adjusted Term SOFR Rate plus a margin ranging from 0.9% to 1.45% per annum, or A maturing November 22, 2027.","evidence_excerpt":"Bank, N.A. as Administrative Agent and the several lenders party thereto. The Credit Facility provides for a revolving credit facility in an aggregate principal amount of up to $4,000,000,000 with a letter of credit subfacility of up to $2,400,000,000. Revolving commitments under the Credit Facility may be increased by up to $1,500,000,000 for a total revolving","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035002/000119312522291119/0001193125-22-291119-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $4,000,000,000"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as Administrative Agent and the several lenders party thereto"},{"label":"Rate","value":"Adjusted Term SOFR Rate plus a margin ranging from 0.9% to 1.45% per annum, or A"},{"label":"Maturity","value":"November 22, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"0ed3dbe431a80af0e9b9071a04cba1bdf9be40f8","claim":"VALERO ENERGY CORP/TX amended Credit Facility with JPMorgan Chase Bank, N.A. as Administrative Agent and the several lenders party thereto valued at $4,000,000,000 (effective 2022-11-22).","evidence_excerpt":"On November 22, 2022, Valero Energy Corporation (the “Company”) amended and restated its existing revolving credit agreement dated as of March 19, 2019 to, among other things, extend the maturity from March 19, 2024 to November 22, 2027.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035002/000119312522291119/0001193125-22-291119-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as Administrative Agent and the several lenders party thereto"},{"label":"Value","value":"$4,000,000,000"},{"label":"Effective","value":"2022-11-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}