{"filing":{"accession_number":"0001104659-26-075186","cik":"0001070423","ticker":"PAAPU","company_name":"PLAINS ALL AMERICAN PIPELINE LP","form":"8-K","filing_date":"2026-06-17","report_date":null,"primary_document":"tm2618132d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926075186/tm2618132d1_8k.htm"},"events":[{"id":11606,"run_id":10193,"accession_number":"0001104659-26-075186","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"Plains All American Pipeline entered into a new $2.7 billion senior unsecured revolving credit facility on June 12, 2026, which replaces two prior credit agreements and expands to $4.0 billion. This consolidation of two existing facilities into a single, larger credit arrangement represents a material refinancing that enhances the Partnership's capital structure and financial flexibility.","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-06-17","submitted_at":null,"items":[{"id":8244,"accession_number":"0001104659-26-075186","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Plains All American Pipeline entered into a new $2.7 billion senior unsecured revolving credit facility on June 12, 2026, which replaces two prior credit agreements. While this is technically a refinancing rather than an acquisition or merger, the substantial size ($2.7 billion expandable to $4.0 billion), the consolidation of two prior facilities into one, and the material impact on the Partnership's capital structure and financial flexibility make this a significant material event. The disclosure emphasizes the replacement of existing credit arrangements and the expanded capacity, which affects the registrant's ability to fund operations and growth.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:41:13.883486+00:00","company_name":"","ticker":null,"filing_date":""},{"id":8245,"accession_number":"0001104659-26-075186","item_number":"1.02","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The filing discloses termination of material credit facilities (the Existing Revolving Credit Agreement and Hedged Inventory Facility) in conjunction with closing a new Revolving Credit Agreement on June 12, 2026. While Item 1.02 typically covers termination of material definitive agreements, this appears to be a refinancing event rather than a discrete M\u0026A activity, covenant breach, or other specifically-enumerated event type. The termination of existing credit facilities with full repayment is material to investors assessing the registrant's liquidity and capital structure, but does not fit cleanly into the more specific taxonomy categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:41:13.883486+00:00","company_name":"","ticker":null,"filing_date":""},{"id":8246,"accession_number":"0001104659-26-075186","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 addresses creation of direct financial obligations, typically debt issuances or material financing arrangements. However, the disclosure merely incorporates Item 1.01 by reference without providing substantive detail in this section. Without access to Item 1.01's content, the specific nature of the financial obligation cannot be determined—it could relate to M\u0026A activity, debt financing, or another transaction. The incorporation-by-reference structure suggests materiality, but classification requires visibility into the underlying transaction details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:41:13.883486+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":8244,"accession_number":"0001104659-26-075186","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Plains All American Pipeline entered into a new $2.7 billion senior unsecured revolving credit facility on June 12, 2026, which replaces two prior credit agreements. While this is technically a refinancing rather than an acquisition or merger, the substantial size ($2.7 billion expandable to $4.0 billion), the consolidation of two prior facilities into one, and the material impact on the Partnership's capital structure and financial flexibility make this a significant material event. The disclosure emphasizes the replacement of existing credit arrangements and the expanded capacity, which affects the registrant's ability to fund operations and growth.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:41:13.883486+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-06-17"},{"id":8245,"accession_number":"0001104659-26-075186","item_number":"1.02","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The filing discloses termination of material credit facilities (the Existing Revolving Credit Agreement and Hedged Inventory Facility) in conjunction with closing a new Revolving Credit Agreement on June 12, 2026. While Item 1.02 typically covers termination of material definitive agreements, this appears to be a refinancing event rather than a discrete M\u0026A activity, covenant breach, or other specifically-enumerated event type. The termination of existing credit facilities with full repayment is material to investors assessing the registrant's liquidity and capital structure, but does not fit cleanly into the more specific taxonomy categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:41:13.883486+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-06-17"},{"id":8246,"accession_number":"0001104659-26-075186","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 addresses creation of direct financial obligations, typically debt issuances or material financing arrangements. However, the disclosure merely incorporates Item 1.01 by reference without providing substantive detail in this section. Without access to Item 1.01's content, the specific nature of the financial obligation cannot be determined—it could relate to M\u0026A activity, debt financing, or another transaction. The incorporation-by-reference structure suggests materiality, but classification requires visibility into the underlying transaction details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-17T20:41:13.883486+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-06-17"}]}