---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-361266"
form_type: "8-K"
ticker: "PSX"
cik: "0001534701"
company_name: "Phillips 66"
filed_at: "2026-08-21T20:58:45+00:00"
generated_at: "2026-08-21T21:00:08.564703+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Phillips 66 expands AR receivables facility to $2B committed, adds Truist, extends maturity to Aug 2027

## Summary
- Fifth Amendment raises maximum committed facility from $1.75B to $2B and adds a $250M uncommitted facility.
- Maturity extended from Sept 28, 2026 to Aug 19, 2027; Truist Bank joins as purchaser/lender with $162.5M.
- After rebalancing, PNC capital is $812.5M, SMBC $325M, Truist $162.5M; aggregate $1.3B.
- Phillips 66 reaffirmed its Performance Guaranty remains in full force and effect.

## SEC filing metadata
- accession: 0001193125-26-361266
- form_type: 8-K
- ticker: PSX
- cik: 0001534701
- company_name: Phillips 66
- filed_at: 2026-08-21T20:58:45+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534701/000119312526361266/0001193125-26-361266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534701/000119312526361266/d131307d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-361266
- JSON: https://secwatch.observer/filing/0001193125-26-361266.json
- Plain text: https://secwatch.observer/filing/0001193125-26-361266.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.