secwatch.observer — SEC 8-K summary
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Issuer:     GRAFTECH INTERNATIONAL LTD (EAF)
CIK:        0000931148
Form:       8-K
Filed at:   2024-12-23T23:59:59+00:00
Accession:  0001193125-24-284297
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 8.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GrafTech closes exchange offers, issues $944M new second lien notes, obtains $275M term loan
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- Exchanged 99.65% of $498.2M 4.625% notes and 99.15% of $446.2M 9.875% notes for new 4.625% and 9.875% second lien notes due 2029.
- Issued $175M initial first lien term loan (due 2029) plus $100M delayed draw commitments; entered $225M revolving credit facility (Nov 2028 maturity).
- Consents obtained to eliminate substantially all restrictive covenants and release collateral on existing notes; supplemental indentures effective Dec 23, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931148/000119312524284297/0001193125-24-284297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931148/000119312524284297/d918748d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-284297

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