{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-257954","form_type":"8-K","ticker":"AAP","cik":"0001158449","company_name":"ADVANCE AUTO PARTS INC","filed_at":"2024-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.807057+00:00","generated_at":"2026-05-30T00:17:02.880842+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AAP amends credit agreement: revolver reduced to $1.0B, new covenants","bullets":["Revolving facility reduced from $1.2B to $1.0B; commitment decreased by $200M.","Permits up to $575M restructuring charges add-back to EBITDAR; up to $800M cash netted from debt.","Minimum consolidated coverage ratio lowered to 1.50x through July 2025, then 1.75x.","New restrictions: no share repurchases or dividend increases; springing liens on deposits/AR if ratings drop."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-257954","json":"https://secwatch.observer/filing/0001193125-24-257954.json","markdown":"https://secwatch.observer/filing/0001193125-24-257954.md","text":"https://secwatch.observer/filing/0001193125-24-257954.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158449/000119312524257954/0001193125-24-257954-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158449/000119312524257954/d845415d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T00:17:02.880842+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}