{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-097605","form_type":"8-K","ticker":"GEL","cik":"0001022321","company_name":"GENESIS ENERGY LP","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.413528+00:00","generated_at":"2026-05-15T17:27:10.589002+00:00","sec_items":["1.01","1.02","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Genesis Energy enters new $900M credit facility, expandable to $1.3B, matures 2031","bullets":["New $900M senior secured revolving facility entered on March 4, 2026, replacing prior credit agreement.","Facility can be increased to $1.3B with lender consent; maturity March 4, 2031 (earlier if notes remain outstanding).","Interest at alternate base rate or Term SOFR plus margin; margin varies 1.25%-2.50% for base rate, 2.25%-3.50% for SOFR.","Commitment fee on unused portion: 0.30% to 0.50% per annum.","Covenants include max leverage ratio, max senior secured leverage, min interest coverage; secured by guarantees and liens."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-097605","json":"https://secwatch.observer/filing/0001193125-26-097605.json","markdown":"https://secwatch.observer/filing/0001193125-26-097605.md","text":"https://secwatch.observer/filing/0001193125-26-097605.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/d125190d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T17:27:10.589002+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":"a58774caf01a6334d2f3d3036e3c0b53db0eb5dd","claim":"GENESIS ENERGY LP incurred revolving credit of $900 million senior secured revolving facility with Wells Fargo Bank, National Association at Term SOFR borrowings: Term SOFR plus 2.25% to 3.50%; alternate base rate borrowi maturing March 4, 2031.","evidence_excerpt":"The New Credit Agreement provides for a $900 million senior secured revolving facility with the ability to increase the aggregate size of the facility up to $1.3 billion in the form of additional revolving commitments or an incremental term loan, subject to lender consent and certain other customary conditions.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$900 million senior secured revolving facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"Term SOFR borrowings: Term SOFR plus 2.25% to 3.50%; alternate base rate borrowi"},{"label":"Maturity","value":"March 4, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ba42285ef80a4df6bd5380f8d6c3f73b3a4166e9","claim":"GENESIS ENERGY LP terminated Seventh Amended and Restated Credit Agreement with Genesis Energy, L.P. valued at Termination of the Old Credit Agreement effective upon entry into the New Credit Agreement (effective 2026-03-04).","evidence_excerpt":"Entry into a Material Definitive Agreement On March 4, 2026, Genesis Energy, L.P. (“ Genesis ”) entered into an Eighth Amended and Restated Credit Agreement (the “ New Credit Agreement ”), among Genesis, as the borrower, Wells Fargo Bank, National Association, as administrative agent (in such capacity, the “ Administrative Agent ”) and issuing bank, Bank of America, N.A., as syndication agent, and the lenders and other parties party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Genesis Energy, L.P."},{"label":"Value","value":"Termination of the Old Credit Agreement effective upon entry into the New Credit Agreement"},{"label":"Effective","value":"2026-03-04"}],"fact_type":"material_agreement"},{"claim_id":"bf6005bb942721a5d23a15f5093d858ed11fe52e","claim":"GENESIS ENERGY LP entered into Eighth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at $900 million senior secured revolving facility, up to $1.3 billion with lender consent (effective 2026-03-04).","evidence_excerpt":"On March 4, 2026, Genesis Energy, L.P. (“ Genesis ”) entered into an Eighth Amended and Restated Credit Agreement (the “ New Credit Agreement ”), among Genesis, as the borrower, Wells Fargo Bank, National Association, as administrative agent (in such capacity, the “ Administrative Agent ”) and issuing bank, Bank of America, N.A., as syndication agent, and the lenders and other parties party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Value","value":"$900 million senior secured revolving facility, up to $1.3 billion with lender consent"},{"label":"Effective","value":"2026-03-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}