{"schema_version":"secwatch.filing_event.v1","accession":"0001510295-22-000054","form_type":"8-K","ticker":"MPC","cik":"0001510295","company_name":"Marathon Petroleum Corp","filed_at":"2022-07-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.975431+00:00","generated_at":"2026-06-24T16:39:04.066071+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MPC and MPLX enter new $5B and $2B revolvers; MPLX facility cut by $1.5B","bullets":["MPC entered $5.0B unsecured revolver due July 2027, replacing prior $5.0B 2018 facility.","MPLX entered $2.0B unsecured revolver due July 2027, replacing prior $3.5B 2019 facility ($1.5B reduction).","Both facilities priced at SOFR+100-175bps (currently 125bps) with 10-25bps commitment fees.","MPC includes $250M swingline and $2.2B LC sublimit; MPLX includes $150M swingline and $150M LC sublimit.","MPC covenant: net debt to capitalization ≤65%; MPLX covenant: debt/EBITDA ≤5.0x (5.5x during acquisitions)."],"urls":{"canonical":"https://secwatch.observer/filing/0001510295-22-000054","json":"https://secwatch.observer/filing/0001510295-22-000054.json","markdown":"https://secwatch.observer/filing/0001510295-22-000054.md","text":"https://secwatch.observer/filing/0001510295-22-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1510295/000151029522000054/0001510295-22-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1510295/000151029522000054/mpc-20220707.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T16:39:04.066071+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"}