{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-175130","form_type":"8-K","ticker":null,"cik":"0001499200","company_name":"Sabine Pass Liquefaction, LLC","filed_at":"2023-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.074663+00:00","generated_at":"2026-06-13T17:01:17.566096+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sabine Pass Liquefaction enters $1B revolving credit facility, maturing 2028","bullets":["New $1B revolving credit facility refinances existing March 2020 facility, matures June 23, 2028.","Interest at SOFR + 1.00%-1.75% margin (currently 1.125%); base rate + 0.00%-0.75%.","No financial covenants; negative covenants limited; cross-acceleration default threshold $500M.","Secured by first-priority lien on substantially all assets and pledge of SPL membership interests.","Facility used for general corporate purposes; 100% available for letters of credit."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-175130","json":"https://secwatch.observer/filing/0001193125-23-175130.json","markdown":"https://secwatch.observer/filing/0001193125-23-175130.md","text":"https://secwatch.observer/filing/0001193125-23-175130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499200/000119312523175130/0001193125-23-175130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499200/000119312523175130/d506245d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:01:17.566096+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":"0970941a0961027991f629a83e2616129b92b55d","claim":"Sabine Pass Liquefaction, LLC incurred revolving credit of $1 billion with MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee at SOFR plus applicable margin ranging from 1.00% to 1.75% per annum maturing June 23, 2028.","evidence_excerpt":"On June 23, 2023 (the “ Closing Date ”), Sabine Pass Liquefaction, LLC (“ SPL ”) entered into a $1 billion Senior Secured Revolving Credit and Guaranty Agreement among SPL, as borrower, various lenders (the “ Lenders ”) and issuing banks, MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee for the Lenders (the “ Revolving Credit Facility ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499200/000119312523175130/0001193125-23-175130-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1 billion"},{"label":"Counterparty","value":"MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee"},{"label":"Rate","value":"SOFR plus applicable margin ranging from 1.00% to 1.75% per annum"},{"label":"Maturity","value":"June 23, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5cd80c48437fb86d12ad37752abd3979645c0b56","claim":"Sabine Pass Liquefaction, LLC entered into Senior Secured Revolving Credit and Guaranty Agreement with various lenders and issuing banks, MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee valued at $1 billion (effective 2023-06-23).","evidence_excerpt":"On June 23, 2023 (the “ Closing Date ”), Sabine Pass Liquefaction, LLC (“ SPL ”) entered into a $1 billion Senior Secured Revolving Credit and Guaranty Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499200/000119312523175130/0001193125-23-175130-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"various lenders and issuing banks, MUFG Bank, Ltd., as coordinating lead arranger, the Bank of Nova Scotia, as senior facility agent and Société Générale, as common security trustee"},{"label":"Value","value":"$1 billion"},{"label":"Effective","value":"2023-06-23"}],"fact_type":"material_agreement"},{"claim_id":"fa3a68740ce76d221eefdafb6be9cc730b7bb8b7","claim":"Sabine Pass Liquefaction, LLC amended Fourth Amended and Restated Common Terms Agreement with certain other parties and Société Générale, as common security trustee (effective 2023-06-23).","evidence_excerpt":"In connection with the Revolving Credit Facility, SPL also entered into the Fourth Amended and Restated Common Terms Agreement, among SPL and certain other parties thereto and Société Générale, as common security trustee (the “ Common Terms Agreement ”), which amends and restates the Third Amended and Restated Common Terms Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499200/000119312523175130/0001193125-23-175130-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"certain other parties and Société Générale, as common security trustee"},{"label":"Effective","value":"2023-06-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}