{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009540","form_type":"8-K","ticker":"MATX","cik":"0000003453","company_name":"Matson, Inc.","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.055325+00:00","generated_at":"2026-05-18T02:44:52.040850+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Matson amends credit facility to $550M, eliminates interest coverage covenant","bullets":["New $550M credit facility (down from $650M) with 5-year maturity and $300M uncommitted increase option.","Reduction due to fully-funded Aloha Class vessel build program; next build cycle not until mid-2030s.","Pricing grid: SOFR + 1.125%-1.75% or base rate + 0.125%-0.75%, tied to leverage ratio.","Eliminated minimum consolidated interest coverage ratio covenant.","Also amended two private placement note facilities to eliminate same interest coverage covenant."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009540","json":"https://secwatch.observer/filing/0001558370-25-009540.json","markdown":"https://secwatch.observer/filing/0001558370-25-009540.md","text":"https://secwatch.observer/filing/0001558370-25-009540.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3453/000155837025009540/0001558370-25-009540-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3453/000155837025009540/matx-20250723x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:44:52.040850+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"}