{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-310065","form_type":"8-K","ticker":"ENS","cik":"0001289308","company_name":"EnerSys","filed_at":"2022-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.018833+00:00","generated_at":"2026-06-21T00:42:21.723955+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"EnerSys closes $150M receivable securitization with Wells Fargo, expects $1.4M annual interest savings","bullets":["Entered $150M trade receivable securitization facility with Wells Fargo, N.A.; three-year initial term.","Annual interest savings of approximately $1.4 million from asset monetization.","CFO states facility will enhance balance sheet, lower leverage under Credit Agreement, and improve cash flow.","Receivables sold on revolving basis; EnerSys provides performance undertaking but not guarantee of collectibility."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-310065","json":"https://secwatch.observer/filing/0001193125-22-310065.json","markdown":"https://secwatch.observer/filing/0001193125-22-310065.md","text":"https://secwatch.observer/filing/0001193125-22-310065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289308/000119312522310065/0001193125-22-310065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289308/000119312522310065/d355987d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T00:42:21.723955+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":"8a2867d82ba2e93139d08aff76cba9b587bc8574","claim":"EnerSys entered into Receivables Agreement with Wells Fargo Bank, National Association valued at up to $150,000,000 (effective 2022-12-21).","evidence_excerpt":"On December 21, 2022, EnerSys (in its individual capacity (“ ENS ”), and in its capacity as the “ Master Servicer ”) entered into a Receivables Purchase Agreement (the “ Receivables Agreemen t”) with Wells Fargo Bank, National Association as the administrative agent (“ Wells ”), EnerSys Finance, LLC as the seller (the “ Seller ”) and certain other persons from time to time and party thereto as purchasers (together with Wells, the “ Purchasers ”), pursuant to which, and upon the Seller’s request, the Purchasers will make payments to the Seller in an aggregate amount of up to $150,000,000 (the “ Transaction ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289308/000119312522310065/0001193125-22-310065-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Value","value":"up to $150,000,000"},{"label":"Effective","value":"2022-12-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}