{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-282291","form_type":"8-K","ticker":"BKR","cik":"0001701605","company_name":"Baker Hughes Co","filed_at":"2023-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.097622+00:00","generated_at":"2026-06-07T22:16:52.649772+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Baker Hughes enters $3B 5-year revolving credit facility, replacing prior facility","bullets":["New $3.0B revolving credit agreement dated Nov 21, 2023, matures Nov 21, 2028.","Borrower: Baker Hughes Holdings LLC; Parent guarantor: Baker Hughes Company (BKR).","Pricing based on ratings: Term SOFR + 0.1% margin plus Applicable Margin (62.5-112.5 bps).","Prior $3.0B 2019 facility terminated same day; no borrowings were outstanding under it.","Facility includes customary covenants, cross-acceleration, and bankruptcy events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-282291","json":"https://secwatch.observer/filing/0001193125-23-282291.json","markdown":"https://secwatch.observer/filing/0001193125-23-282291.md","text":"https://secwatch.observer/filing/0001193125-23-282291.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1701605/000119312523282291/0001193125-23-282291-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/808362/000119312523282291/d243202d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T22:16:52.649772+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":"2f043efcbfea4d0cdcd52146710fd9a80f9d3ef4","claim":"Baker Hughes Co terminated 2019 Credit Agreement with JPMorgan Chase Bank, N.A. valued at Terminated $3,000,000,000 revolving credit facility (effective 2023-11-21).","evidence_excerpt":"On November 21, 2023, in connection with BHH LLC’s entry into the New Credit Agreement, BHH LLC terminated its existing five-year committed $3.0 billion revolving credit agreement dated as of December 10, 2019 (the “2019 Credit Agreement”), among BHH LLC, certain lenders party thereto, and the Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701605/000119312523282291/0001193125-23-282291-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"Terminated $3,000,000,000 revolving credit facility"},{"label":"Effective","value":"2023-11-21"}],"fact_type":"material_agreement"},{"claim_id":"c8dcbd0b9dc9ad8dad091e00631527624da6b246","claim":"Baker Hughes Co entered into New Credit Agreement with JPMorgan Chase Bank, N.A. valued at $3,000,000,000 revolving credit facility (effective 2023-11-21).","evidence_excerpt":"On November 21, 2023, Baker Hughes Holdings LLC (“BHH LLC”), as borrower, and Baker Hughes Company (“BHC”), as parent guarantor, entered into a Credit Agreement (the “New Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Administrative Agent”), as administrative agent, and certain lenders party thereto for the provision of a revolving credit facility.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1701605/000119312523282291/0001193125-23-282291-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"$3,000,000,000 revolving credit facility"},{"label":"Effective","value":"2023-11-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}