{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-047270","form_type":"8-K","ticker":"GEL","cik":"0001022321","company_name":"GENESIS ENERGY LP","filed_at":"2025-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.721262+00:00","generated_at":"2026-05-25T08:56:01.494762+00:00","sec_items":["1.01","2.01","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Genesis Energy sells soda ash business for $1.425B; receives ~$1.010B net cash","bullets":["Sold Alkali Business to WE Soda affiliate for $1.425B enterprise value; net cash proceeds ~$1.010B after fees and assumed $390M ORRI bonds.","Plans to use proceeds to repay $291M credit facility balance, redeem $406M of 8.0% senior notes due 2027 at 102% of par, and repurchase preferred equity.","Edward T. Flynn ceased as EVP and President of soda/sulfur segment; will retire by June 30, 2025.","Pro forma 2024 net loss attributable to common unitholders of ~$515M ($4.20 per unit) including a $367.9M loss on sale.","Credit facility reduced from $900M to $800M; cash netting allowed for leverage ratio calculations."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-047270","json":"https://secwatch.observer/filing/0001193125-25-047270.json","markdown":"https://secwatch.observer/filing/0001193125-25-047270.md","text":"https://secwatch.observer/filing/0001193125-25-047270.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022321/000119312525047270/0001193125-25-047270-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022321/000119312525047270/d870215d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T08:56:01.494762+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"}