{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-046843","form_type":"8-K","ticker":"ULS","cik":"0001901440","company_name":"UL Solutions Inc.","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.024377+00:00","generated_at":"2026-05-17T01:59:54.558959+00:00","sec_items":["1.01","1.02","2.03","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"UL Solutions enters $1.0B credit facility, refinances $291M of existing debt","bullets":["New $1.00B senior unsecured multi-currency revolver with $25M LC sublimit and $500M accordion feature.","Initial $291M drawn to repay 2022 credit facility; additional borrowings for general corporate purposes.","Matures Oct 28, 2030; interest at SOFR + 0.875%-1.375% or base rate + 0.000%-0.375%.","Financial covenant requires consolidated net leverage ≤ 3.5:1 (4.0:1 after large acquisitions), netting up to $250M cash.","Dividend payments subject to compliance with the financial covenant per the new agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-046843","json":"https://secwatch.observer/filing/0001628280-25-046843.json","markdown":"https://secwatch.observer/filing/0001628280-25-046843.md","text":"https://secwatch.observer/filing/0001628280-25-046843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1901440/000162828025046843/0001628280-25-046843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1901440/000162828025046843/uls-20251028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:59:54.558959+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":[{"claim_id":"ea1d7917853b82c828e2ab6b00d96286f4cd0289","claim":"UL Solutions Inc. incurred revolving credit of $291 million with Bank of America, N.A., as administrative agent at Term SOFR or Daily SOFR plus a margin that ranges from 0.875% to 1.375% per annu maturing October 28, 2030.","evidence_excerpt":"to such increase. The Borrowers’ obligations (other than the Company’s) under the Credit Agreement are guaranteed by the Company. On October 28, 2025, the Company borrowed $291 million under the 2025 Credit Facility. The initial borrowing was used to refinance the outstanding amounts under that certain Credit Agreement, dated as of January 11, 2022, by and","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1901440/000162828025046843/0001628280-25-046843-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$291 million"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR or Daily SOFR plus a margin that ranges from 0.875% to 1.375% per annu"},{"label":"Maturity","value":"October 28, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}