{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-058633","form_type":"8-K","ticker":"VVV","cik":"0001674910","company_name":"VALVOLINE INC","filed_at":"2026-08-24T20:12:17+00:00","discovered_at":"2026-08-24T20:13:01.341124+00:00","generated_at":"2026-08-24T20:13:06.122823+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Valvoline issues $600M 6.125% senior notes due 2034; revolver upsized to $600M","bullets":["Issued $600M aggregate principal of 6.125% senior notes due Aug 15, 2034, unsecured and guaranteed by subsidiaries.","Proceeds used to repay term loan A in full and partially repay term loan B; remainder for general corporate purposes.","Revolving credit facility increased from $475M to $600M, maturity extended five years from Aug 24, 2026.","Leverage covenant raised from 4.50x to 5.00x, stepping down to 4.75x and 4.50x in years 3 and 4; plus 0.50x for material acquisitions.","Notes offered under Rule 144A/Reg S; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-058633","json":"https://secwatch.observer/filing/0001628280-26-058633.json","markdown":"https://secwatch.observer/filing/0001628280-26-058633.md","text":"https://secwatch.observer/filing/0001628280-26-058633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674910/000162828026058633/0001628280-26-058633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674910/000162828026058633/vvv-20260824.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-24T20:13:06.122823+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"}