EDGAR: Material Impairments (8-K 2.06)

AES Corp. Form 8-K - Material Impairments

AES Corporation has filed a Form 8-K to report a material impairment charge related to its Maritza power plant in Bulgaria. The company determined that the carrying value of the assets was not recoverable, leading to an impairment charge estimated between $250 million and $300 million pre-tax.

Workday Inc. - Material Impairments Reporting

Workday Inc. filed a Form 8-K to report an event on January 30, 2026, related to material impairments. The company expects its fiscal 2026 fourth quarter and full-year GAAP operating margins to be significantly lower than previously guided due to these activities.

Molina Healthcare - Amendment to Credit Agreement

Molina Healthcare, Inc. filed an 8-K report detailing an amendment to its Credit Agreement, effective February 4, 2026. The amendment temporarily reduces the quarterly required minimum interest coverage ratio from 3.00:1.00 to a lower tiered ratio through September 30, 2027.

Western Alliance Bancorporation - Material Impairment Disclosure

Western Alliance Bancorporation disclosed a material impairment of $126.4 million due to a counterparty default on a commercial loan facility. The company has recognized a non-cash impairment charge for the first quarter of 2026 and is pursuing legal action to recover the outstanding balance.