{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-115363","form_type":"8-K","ticker":"FTI","cik":"0001681459","company_name":"TechnipFMC plc","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.021193+00:00","generated_at":"2026-06-16T16:26:49.665317+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"TechnipFMC ups revolver to $1.25B, adds $500M LC facility","bullets":["Amended credit facility increases commitments from $1.0B to $1.25B; maturity extended to five years from April 2023.","New $500M senior secured performance letters of credit facility, expandable to $1.0B, to support contracting activities.","TechnipFMC Finance Limited added as a borrower under the revolver.","Collateral and guarantees to be automatically released upon achieving investment grade debt ratings from two of three rating agencies.","Applicable margin on USD loans ranges from 1.50% to 2.50%; EUR/GBP loans from 2.50% to 3.50%, based on leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-115363","json":"https://secwatch.observer/filing/0001193125-23-115363.json","markdown":"https://secwatch.observer/filing/0001193125-23-115363.md","text":"https://secwatch.observer/filing/0001193125-23-115363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1681459/000119312523115363/0001193125-23-115363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1681459/000119312523115363/d482183d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T16:26:49.665317+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":"0fd60a82ef19ad9c8eff5bff93ad1916bd502cc9","claim":"TechnipFMC plc amended revolving credit of $1,250,000,000 at applicable margin for borrowings under the revolving credit facility ranges from maturing five years from the date of the Amendment No. 5.","evidence_excerpt":"The Amendment No. 5 increases the commitments available to the Company under the Credit Agreement to $1,250,000,000 and extends the term of the Credit Agreement to five years from the date of the Amendment No. 5.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681459/000119312523115363/0001193125-23-115363-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1,250,000,000"},{"label":"Rate","value":"applicable margin for borrowings under the revolving credit facility ranges from"},{"label":"Maturity","value":"five years from the date of the Amendment No. 5"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ae0bc79ee1ca1ad2ece2b90c72bfd6dff46e5c67","claim":"TechnipFMC plc incurred credit facility of $500,000,000 maturing five-year.","evidence_excerpt":"On April 24, 2023, the Company entered into a new $500,000,000 five-year senior secured performance letters of credit facility (the “Performance LC Credit Agreement”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681459/000119312523115363/0001193125-23-115363-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$500,000,000"},{"label":"Maturity","value":"five-year"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0bb0f65a7b7000ff364ab65e469acbde7395ca2a","claim":"TechnipFMC plc entered into Performance LC Credit Agreement valued at $500,000,000 (effective 2023-04-24).","evidence_excerpt":"On April 24, 2023, the Company entered into a new $500,000,000 five-year senior secured performance letters of credit facility (the “Performance LC Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681459/000119312523115363/0001193125-23-115363-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"$500,000,000"},{"label":"Effective","value":"2023-04-24"}],"fact_type":"material_agreement"},{"claim_id":"9cd61f1d48add04bc66b659783a7b8d301ddcc1b","claim":"TechnipFMC plc amended Amendment No. 5 valued at $1,250,000,000 (effective 2023-04-24).","evidence_excerpt":"On April 24, 2023, TechnipFMC plc (the “Company”) entered into a fifth amendment (the “Amendment No. 5”) to its credit agreement dated February 16, 2021 (as amended from time to time) providing for a senior secured multicurrency revolving credit facility (the “Existing Credit Facility” and as amended, the “Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1681459/000119312523115363/0001193125-23-115363-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"$1,250,000,000"},{"label":"Effective","value":"2023-04-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}