{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-189871","form_type":"8-K","ticker":"USAC","cik":"0001522727","company_name":"USA Compression Partners, LP","filed_at":"2025-08-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.213074+00:00","generated_at":"2026-05-17T09:41:39.099834+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"USA Compression restructures credit facility to $1.75B ABL, matures 2030 with early triggers","bullets":["New $1.75B asset-based revolving credit facility, matures August 27, 2030.","Early maturity if >$50M of 6.875% Senior Notes due 2027 outstanding on June 2, 2027, or >$50M of 7.125% Senior Notes due 2029 outstanding on Dec 14, 2028.","Borrowing base includes 85% of eligible accounts and 80% of net orderly liquidation value of compression units and treating assets.","Interest margin: Term SOFR plus 1.75%-2.50%, ABR plus 0.75%-1.50%, based on Total Leverage Ratio.","Financial covenants: Total Leverage ≤5.50x, Interest Coverage ≥2.50x, Secured Leverage ≤3.00x."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-189871","json":"https://secwatch.observer/filing/0001193125-25-189871.json","markdown":"https://secwatch.observer/filing/0001193125-25-189871.md","text":"https://secwatch.observer/filing/0001193125-25-189871.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1522727/000119312525189871/0001193125-25-189871-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1522727/000119312525189871/d91818d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:41:39.099834+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":"e3d7cdd385b01968fc6a4e35e5a4c59333ec5462","claim":"USA Compression Partners, LP amended credit facility of up to $1.75 billion with JPMorgan Chase Bank, N.A. at SOFR plus the applicable margin ranging from 1.75% to 2.50% per annum maturing August 27, 2030.","evidence_excerpt":"The Amended and Restated Credit Agreement provides for an asset-based revolving credit facility to be made available to the Partnership in an aggregate amount of up to $1.75 billion.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1522727/000119312525189871/0001193125-25-189871-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $1.75 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"SOFR plus the applicable margin ranging from 1.75% to 2.50% per annum"},{"label":"Maturity","value":"August 27, 2030"},{"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"}