{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-080706","form_type":"8-K","ticker":"APD","cik":"0000002969","company_name":"Air Products & Chemicals, Inc.","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.528593+00:00","generated_at":"2026-06-04T06:44:17.943595+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Air Products enters new $3.5B revolving credit facilities, replaces prior $2.75B agreement","bullets":["Five-year $3.0B revolving credit facility and 364-day $500M facility signed March 28, 2024.","Facilities support general liquidity and commercial paper program; senior unsecured debt available to company and subsidiaries.","Five-year facility replaces $2.75B prior agreement from March 2021; no borrowings outstanding under prior agreement at termination.","Company guarantees all subsidiary borrowings under the new credit agreements.","Acceleration clauses triggered by typical defaults (non-payment, material judgments, bankruptcy events)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-080706","json":"https://secwatch.observer/filing/0001193125-24-080706.json","markdown":"https://secwatch.observer/filing/0001193125-24-080706.md","text":"https://secwatch.observer/filing/0001193125-24-080706.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2969/000119312524080706/0001193125-24-080706-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2969/000119312524080706/d812327d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:44:17.943595+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":"381b88a493d449219e5b4143b6059ccd1e297db4","claim":"Air Products & Chemicals, Inc. incurred revolving credit of $500 million with a syndicate of banks maturing 364 days.","evidence_excerpt":"a 364-day dollar equivalent $500 million revolving credit agreement with a syndicate of banks","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2969/000119312524080706/0001193125-24-080706-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$500 million"},{"label":"Counterparty","value":"a syndicate of banks"},{"label":"Maturity","value":"364 days"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4e720255c027cfcf042449d32c105296a0c4e9db","claim":"Air Products & Chemicals, Inc. incurred revolving credit of $3.0 billion with a syndicate of banks maturing five years.","evidence_excerpt":"On March 28, 2024, Air Products and Chemicals, Inc. (the “Company”) entered into a five-year dollar equivalent $3.0 billion revolving credit agreement with a syndicate of banks","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2969/000119312524080706/0001193125-24-080706-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$3.0 billion"},{"label":"Counterparty","value":"a syndicate of banks"},{"label":"Maturity","value":"five years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}