{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-014225","form_type":"8-K","ticker":"IP","cik":"0000051434","company_name":"INTERNATIONAL PAPER CO /NEW/","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.728099+00:00","generated_at":"2026-06-20T11:09:18.784044+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"International Paper enters $600M term loan with CoBank, maturing 2028","bullets":["Entered $600M term loan agreement with CoBank, fully drawn at closing, matures Jan 24, 2028.","Interest rate based on ABR or Term SOFR plus Applicable Rate, ranging from 150-192.5 bps (SOFR) and 50-92.5 bps (ABR).","Covenants and events of default are substantially similar to existing revolving credit agreement.","Proceeds drawn at closing; no specific use disclosed beyond general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-014225","json":"https://secwatch.observer/filing/0001193125-23-014225.json","markdown":"https://secwatch.observer/filing/0001193125-23-014225.md","text":"https://secwatch.observer/filing/0001193125-23-014225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51434/000119312523014225/0001193125-23-014225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51434/000119312523014225/d450068d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:09:18.784044+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":"fac993be75f3fa32e0e85f4749cda7cfd5d48861","claim":"INTERNATIONAL PAPER CO /NEW/ incurred term loan of $600 million with CoBank, ACB maturing January 24, 2028.","evidence_excerpt":"On January 24, 2023, International Paper Company (the “Company”) entered into a Term Loan Agreement (the “Credit Agreement”) with CoBank, ACB, as administrative agent and as lender. The Credit Agreement provides for a $600 million term loan that was fully drawn at closing, and has a maturity date of January 24, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/51434/000119312523014225/0001193125-23-014225-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$600 million"},{"label":"Counterparty","value":"CoBank, ACB"},{"label":"Maturity","value":"January 24, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"834dfaa8bcaae50db67284d4ea53d09a9ddbd151","claim":"INTERNATIONAL PAPER CO /NEW/ entered into Term Loan Agreement with CoBank, ACB valued at $600 million term loan (effective 2023-01-24).","evidence_excerpt":"On January 24, 2023, International Paper Company (the “Company”) entered into a Term Loan Agreement (the “Credit Agreement”) with CoBank, ACB, as administrative agent and as lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51434/000119312523014225/0001193125-23-014225-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CoBank, ACB"},{"label":"Value","value":"$600 million term loan"},{"label":"Effective","value":"2023-01-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}