{"schema_version":"secwatch.filing_event.v1","accession":"0002038118-25-000033","form_type":"8-K","ticker":null,"cik":"0002038118","company_name":"FirstEnergy Transmission, LLC","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.430564+00:00","generated_at":"2026-05-17T02:02:03.998634+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"FirstEnergy Transmission extends $1B credit facility to 2030, removes 10bp credit spread adjustment","bullets":["FET $1.0B credit agreement maturity extended from Oct 20, 2029 to Oct 20, 2030.","10 basis point credit spread adjustment removed from interest rate calculation.","One-week interest period based on daily simple SOFR added for Term Benchmark Advances.","FET subsidiaries’ $850M facility maturity extended to Oct 18, 2029 (from Oct 18, 2028) with same terms.","No defaults or material adverse changes; all conditions for effectiveness satisfied."],"urls":{"canonical":"https://secwatch.observer/filing/0002038118-25-000033","json":"https://secwatch.observer/filing/0002038118-25-000033.json","markdown":"https://secwatch.observer/filing/0002038118-25-000033.md","text":"https://secwatch.observer/filing/0002038118-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2038118/000203811825000033/0002038118-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2038118/000203811825000033/fet-20251027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:02:03.998634+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":"f6ab31c714f7fe9195088cd104e78cf8ec265b76","claim":"FirstEnergy Transmission, LLC amended credit facility with JPMorgan Chase Bank, N.A. at remove the 10 basis point credit spread adjustment from the interest rate calcul maturing October 20, 2030.","evidence_excerpt":"the Credit Agreement was amended to, among other things: (i) remove the 10 basis point credit spread adjustment from the interest rate calculation; (ii) permit a one-week interest period for any Term Benchmark Advance (as defined in the Amendment) based upon daily simple SOFR (as defined in the Amendment); and (iii) extend the maturity date from October 20, 2029 to October 20, 2030.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2038118/000203811825000033/0002038118-25-000033-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"remove the 10 basis point credit spread adjustment from the interest rate calcul"},{"label":"Maturity","value":"October 20, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}