{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-425515","form_type":"8-K","ticker":"SLGN","cik":"0000849869","company_name":"SILGAN HOLDINGS INC","filed_at":"2026-10-20T00:08:40+00:00","discovered_at":"2026-10-20T10:05:00.162110+00:00","generated_at":"2026-10-20T10:05:41.775748+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.92,"calibrated_materiality_score":0.92,"confidence":"high","headline":"Silgan forms 60/40 metal packaging JV with AIP; JV to buy Trivium for $327.5M cash plus $3.1B debt","bullets":["Silgan contributes its metal food/general line containers and closures businesses to MetalCo for 60% of Class A units; AIP affiliate A-VL invests $1.025B cash for 40%.","MetalCo distributes $2.263B to Silgan at closing; Silgan may incur up to $1.0B of new debt that MetalCo assumes with the business contribution.","JV to buy 100% of Trivium Packaging from Ardagh and Element for ~$327.5M cash plus assumption of ~$3.1B Trivium debt, repaid at closing; locked box at Dec 31, 2025.","Debt commitment letter: ~$4.9B senior secured term loan and $1.0B revolver from Wells Fargo, Goldman Sachs, RBC, Deutsche Bank and Bank of America.","Trivium outside date Oct 14, 2027 (extendable to April 12, 2028); MetalCo termination fees of $40M or $75M, willful-breach damages capped at $100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-425515","json":"https://secwatch.observer/filing/0001193125-26-425515.json","markdown":"https://secwatch.observer/filing/0001193125-26-425515.md","text":"https://secwatch.observer/filing/0001193125-26-425515.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/849869/000119312526425515/0001193125-26-425515-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/849869/000119312526425515/d188463d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-20T10:05:41.775748+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"}