{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-017743","form_type":"8-K","ticker":"ECVT","cik":"0001708035","company_name":"Ecovyst Inc.","filed_at":"2025-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.523406+00:00","generated_at":"2026-05-27T04:45:05.153891+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Ecovyst amends credit agreement to reduce SOFR loan rate to SOFR+2.00%, base rate to ABR+1.00%","bullets":["Interest rate on SOFR term loans reduced from max 2.25% to 2.00% per annum.","Interest rate on base rate term loans reduced from max 1.25% to 1.00% per annum.","Non-consenting lenders replaced by Citibank as replacement lender; Citibank to syndicate repriced loans.","Amendment effective January 30, 2025; no material default and representations true."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-017743","json":"https://secwatch.observer/filing/0001193125-25-017743.json","markdown":"https://secwatch.observer/filing/0001193125-25-017743.md","text":"https://secwatch.observer/filing/0001193125-25-017743.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1708035/000119312525017743/0001193125-25-017743-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1708035/000119312525017743/d907398d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:45:05.153891+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":"9fae40c386f6efa6f202bc2b440baf107b8a3934","claim":"Ecovyst Inc. amended term loan with UBS AG, Stamford Branch at term SOFR plus 2.00% per annum for SOFR loans; alternate base rate plus 1.00% pe.","evidence_excerpt":"The Amendment amended the Existing Credit Agreement to, among other things, (a) reduce the interest rate applicable to all outstanding SOFR term loans to term SOFR plus 2.00% per annum from a maximum of adjusted term SOFR plus 2.25% per annum, and (b) reduce the interest rate applicable to all outstanding base rate term loans to the alternate base rate plus 1.00% per annum from a maximum of the alternate base rate plus 1.25% per annum.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1708035/000119312525017743/0001193125-25-017743-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"UBS AG, Stamford Branch"},{"label":"Rate","value":"term SOFR plus 2.00% per annum for SOFR loans; alternate base rate plus 1.00% pe"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}