secwatch.observer — SEC 8-K summary
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Issuer:     VALERO ENERGY CORP/TX (VLO)
CIK:        0001035002
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001193125-25-241519
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valero amends credit facility, extends maturity to Oct 2030
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- Amended and restated $4.0B revolving credit facility; can be increased to $5.5B.
- Maturity extended from Nov 2027 to Oct 2030; interest based on SOFR plus 0.9%-1.5% margin.
- Letter of credit subfacility of up to $2.4B; proceeds for general corporate purposes.
- Commitment fee ranges from 0.1% to 0.25% per annum based on credit ratings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035002/000119312525241519/0001193125-25-241519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035002/000119312525241519/d40220d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-241519

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer