{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-237932","form_type":"8-K","ticker":"WS","cik":"0001968487","company_name":"Worthington Steel, Inc.","filed_at":"2026-05-26T12:12:38+00:00","discovered_at":"2026-05-26T12:15:00.397579+00:00","generated_at":"2026-05-26T12:16:00.719884+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"confidence":"high","headline":"Worthington Steel launches $900M notes offering for Klöckner acquisition; regulatory clearance pending","bullets":["WS Escrow LLC offers $900M aggregate principal of senior secured notes due 2033 to fund pending Klöckner acquisition.","Net proceeds together with term loan borrowings will fund consideration, shareholder loans, repay debt, and transaction costs.","Acquisition tender offer closed April 14, 2026; regulatory conditions remain and must be satisfied by March 12, 2027.","Notes offering not conditioned on acquisition; if not consummated by March 12, 2027, special mandatory redemption at 100%.","Klöckner audited FY2025 and interim Q1 2026 financials and Worthington pro forma combined statements included as exhibits."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-237932","json":"https://secwatch.observer/filing/0001193125-26-237932.json","markdown":"https://secwatch.observer/filing/0001193125-26-237932.md","text":"https://secwatch.observer/filing/0001193125-26-237932.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1968487/000119312526237932/0001193125-26-237932-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1968487/000119312526237932/d61542d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T12:16:00.719884+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"}