{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-207435","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.261686+00:00","generated_at":"2026-05-17T06:14:44.018344+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Phillips 66 subsidiary issues $2B in junior subordinated notes due 2056","bullets":["$1B of 5.875% Series A and $1B of 6.200% Series B junior subordinated notes, both due 2056.","Notes are fully and unconditionally guaranteed by Phillips 66 (PSX).","Offering underwritten by several banks; Indenture dated September 18, 2025 with U.S. Bank as trustee.","Proceeds not specified; sale registered under an effective shelf registration statement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-207435","json":"https://secwatch.observer/filing/0001193125-25-207435.json","markdown":"https://secwatch.observer/filing/0001193125-25-207435.md","text":"https://secwatch.observer/filing/0001193125-25-207435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000119312525207435/0001193125-25-207435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000119312525207435/d25054d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:14:44.018344+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"}