{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-170513","form_type":"8-K","ticker":null,"cik":"0001068148","company_name":"PARK OHIO INDUSTRIES INC/OH","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.247849+00:00","generated_at":"2026-05-17T22:08:33.879975+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Park-Ohio subsidiary issues $350M 8.5% Senior Secured Notes due 2030","bullets":["$350M aggregate principal amount of 8.500% Senior Secured Notes due August 1, 2030 issued by Park-Ohio Industries.","Notes bear interest semi-annually, are secured by first-priority lien on equipment and second-priority lien on other assets.","Issuer redeemable after August 1, 2027 at prices declining from 104.25% to 100%; up to 40% may be redeemed with equity proceeds.","Indenture includes customary covenants limiting additional debt, dividends, investments, and asset sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-170513","json":"https://secwatch.observer/filing/0001193125-25-170513.json","markdown":"https://secwatch.observer/filing/0001193125-25-170513.md","text":"https://secwatch.observer/filing/0001193125-25-170513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1068148/000119312525170513/0001193125-25-170513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/76282/000119312525170513/d19760d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:08:33.879975+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":"b2ae02deb1ad9fd51d1709b6a38b76902589f84d","claim":"PARK OHIO INDUSTRIES INC/OH incurred senior notes of $350 million with Computershare Trust Company, N.A. at 8.500% maturing 2030.","evidence_excerpt":"into an indenture (the “Indenture”) with Computershare Trust Company, N.A., as trustee (the “Trustee”) and notes collateral agent, relating to the issuance by the Issuer of $350 million aggregate principal amount of 8.500% Senior Secured Notes due 2030 (the “Notes”). The Notes were sold on July 31, 2025 in a private transaction exempt from the registration","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1068148/000119312525170513/0001193125-25-170513-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$350 million"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"8.500%"},{"label":"Maturity","value":"2030"},{"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"}