---
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"
generated_at: "2026-05-23T16:11:15.045293+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Murphy USA refinances credit facility with $600M term loan and $750M revolver

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001573516-25-000029
- JSON: https://secwatch.observer/filing/0001573516-25-000029.json
- Plain text: https://secwatch.observer/filing/0001573516-25-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.