{"schema_version":"secwatch.filing_event.v1","accession":"0001573516-25-000029","form_type":"8-K","ticker":"MUSA","cik":"0001573516","company_name":"Murphy USA Inc.","filed_at":"2025-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.838236+00:00","generated_at":"2026-05-23T16:11:15.045293+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Murphy USA refinances credit facility with $600M term loan and $750M revolver","bullets":["$600M secured term loan borrowed in full on April 7, 2025; matures April 7, 2032, with 0.25% quarterly amortization.","$750M revolving credit facility; matures April 7, 2030.","Term loan margin: 1.75% over SOFR or 0.75% over base rate.","Revolving facility margin ranges from 1.25%-2.00% (SOFR) or 0.25%-1.00% (base) based on leverage.","Proceeds used to repay existing term loans and for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001573516-25-000029","json":"https://secwatch.observer/filing/0001573516-25-000029.json","markdown":"https://secwatch.observer/filing/0001573516-25-000029.md","text":"https://secwatch.observer/filing/0001573516-25-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573516/000157351625000029/0001573516-25-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573516/000157351625000029/musa-20250407.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T16:11:15.045293+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"}