{"schema_version":"secwatch.filing_event.v1","accession":"0000073088-23-000156","form_type":"8-K","ticker":null,"cik":"0000073088","company_name":"NORTHWESTERN CORP","filed_at":"2023-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.857023+00:00","generated_at":"2026-06-07T18:23:13.307592+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NorthWestern amends $425M credit facility, adds $200M facility for reorganization","bullets":["NW Corp amended its $425M revolving credit facility; maturity extended to Nov 29, 2028 from May 18, 2027.","NWE Group and NWE Public Service entered a new $200M unsecured revolving credit facility, effective after reorganization.","Aggregate credit facilities increase to $600M from $550M; reorganization expected early 2024.","After reorganization, NW Corp's facility base reduces to $400M, and swingline and additional facilities will be terminated.","Both facilities have financial covenant: consolidated debt to total capitalization <=65%."],"urls":{"canonical":"https://secwatch.observer/filing/0000073088-23-000156","json":"https://secwatch.observer/filing/0000073088-23-000156.json","markdown":"https://secwatch.observer/filing/0000073088-23-000156.md","text":"https://secwatch.observer/filing/0000073088-23-000156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/73088/000007308823000156/0000073088-23-000156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/73088/000007308823000156/nwe-20231129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T18:23:13.307592+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":"2718dd86cb05e556c0dc7893fbc44c791262beb0","claim":"NORTHWESTERN CORP incurred revolving credit of $200 million with Bank of America, N.A. at SOFR plus 100.0 to 175.0 basis points, plus a credit spread adjustment of 10.0 b maturing November 29, 2028.","evidence_excerpt":"the Credit Facility, the Lenders are not required to make any revolving credit loans until the Reorganization occurs. Once the Reorganization occurs, the Credit facility has a $200 million base capacity, with base sublimits for NWE Group ($50 million) and NWE Public Service ($150 million), plus uncommitted features that allow NWE Group and NWE Public Service to","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/73088/000007308823000156/0000073088-23-000156-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"SOFR plus 100.0 to 175.0 basis points, plus a credit spread adjustment of 10.0 b"},{"label":"Maturity","value":"November 29, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b123b3eeb311895ec5c95325c02cc490e7a4123a","claim":"NORTHWESTERN CORP amended revolving credit of $425 million with Bank of America, N.A. at SOFR plus 100.0 to 175.0 basis points, plus a credit spread adjustment of 10.0 b maturing November 29, 2028.","evidence_excerpt":"On November 29, 2023, NW Corp entered into a second amendment and restatement of its existing $425 million revolving credit facility (the “ Amended Facility ”) to address the Reorganization and extend the maturity date of the Amended Facility to November 29, 2028 (from May 18, 2027).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/73088/000007308823000156/0000073088-23-000156-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$425 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"SOFR plus 100.0 to 175.0 basis points, plus a credit spread adjustment of 10.0 b"},{"label":"Maturity","value":"November 29, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"7c0e479ef7d905df92b1a642eadc5efb4951cdaf","claim":"NORTHWESTERN CORP entered into unsecured credit facilities valued at $600 million.","evidence_excerpt":"new unsecured credit facilities for NWE Group, NW Corp, and NWE Public Service (aggregating $600 million) will replace the current unsecured credit facilities of NW Corp (aggregating $550 million).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/73088/000007308823000156/0000073088-23-000156-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"$600 million"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}