{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-024219","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2022-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.501456+00:00","generated_at":"2026-06-24T23:09:48.876748+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Stepan enters $450M credit facility with $350M revolver and $100M delayed draw term loan","bullets":["$450M credit facilities: $350M multicurrency revolving and $100M delayed draw term loan, maturing June 24, 2027.","Expansion option allows up to $250M additional credit subject to conditions.","Replaces prior $350M revolving credit agreement from January 2018.","Proceeds for working capital, permitted acquisitions, capex, and general corporate purposes.","Interest rates based on net leverage ratio with spreads ranging from 0.125% to 1.75%."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-024219","json":"https://secwatch.observer/filing/0001564590-22-024219.json","markdown":"https://secwatch.observer/filing/0001564590-22-024219.md","text":"https://secwatch.observer/filing/0001564590-22-024219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000156459022024219/0001564590-22-024219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000156459022024219/scl-8k_20220627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T23:09:48.876748+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"}