{"filing":{"accession_number":"0001104659-26-107512","cik":"0001070423","ticker":"PAAPU","company_name":"PLAINS ALL AMERICAN PIPELINE LP","form":"8-K","filing_date":"2026-09-14","report_date":"2026-09-09","primary_document":"tm2625341d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1070423/000110465926107512/tm2625341d1_8k.htm"},"events":[{"id":33310,"run_id":30623,"accession_number":"0001104659-26-107512","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Plains All American Pipeline completed a public offering of $1.5 billion in aggregate principal amount of junior subordinated notes, consisting of $700 million Series A notes at 6.750% and $800 million Series B notes at 7.000%, both due 2056, pursuant to an underwriting agreement dated September 9, 2026.","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-14","form":"8-K","submitted_at":null,"items":[{"id":36720,"accession_number":"0001104659-26-107512","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"Plains All American Pipeline completed a public offering of $1.5 billion in aggregate principal amount of junior subordinated notes ($700 million Series A at 6.750% and $800 million Series B at 7.000%, both due 2056). This is a material creation of direct financial obligations governed by a subordinated indenture dated September 14, 2026, and represents a significant debt issuance event under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T20:34:14.005373+00:00","company_name":"","ticker":null,"filing_date":""},{"id":36721,"accession_number":"0001104659-26-107512","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing incorporates Item 1.01 by reference, which typically covers material acquisitions or transactions that create new debt or financial obligations. For a major pipeline company like Plains All American Pipeline, debt issuance is a material event affecting capital structure and investor assessment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T20:34:14.005373+00:00","company_name":"","ticker":null,"filing_date":""},{"id":36722,"accession_number":"0001104659-26-107512","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The disclosure describes entry into an underwriting agreement on September 9, 2026, for an offering of notes under a shelf registration statement. This constitutes creation of a new direct financial obligation through debt issuance. The involvement of major underwriters (J.P. Morgan, Citigroup, Mizuho, MUFG, Truist) and reference to a prospectus supplement indicate a material public debt offering, which is a core debt_issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T20:34:14.005373+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":36720,"accession_number":"0001104659-26-107512","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"Plains All American Pipeline completed a public offering of $1.5 billion in aggregate principal amount of junior subordinated notes ($700 million Series A at 6.750% and $800 million Series B at 7.000%, both due 2056). This is a material creation of direct financial obligations governed by a subordinated indenture dated September 14, 2026, and represents a significant debt issuance event under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T20:34:14.005373+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-14"},{"id":36721,"accession_number":"0001104659-26-107512","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing incorporates Item 1.01 by reference, which typically covers material acquisitions or transactions that create new debt or financial obligations. For a major pipeline company like Plains All American Pipeline, debt issuance is a material event affecting capital structure and investor assessment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T20:34:14.005373+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-14"},{"id":36722,"accession_number":"0001104659-26-107512","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The disclosure describes entry into an underwriting agreement on September 9, 2026, for an offering of notes under a shelf registration statement. This constitutes creation of a new direct financial obligation through debt issuance. The involvement of major underwriters (J.P. Morgan, Citigroup, Mizuho, MUFG, Truist) and reference to a prospectus supplement indicate a material public debt offering, which is a core debt_issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T20:34:14.005373+00:00","company_name":"PLAINS ALL AMERICAN PIPELINE LP","ticker":"PAAPU","filing_date":"2026-09-14"}]}