SoCalGas enters $1.2B revolving credit facility through 2027, replaces $750M facility

SOUTHERN CALIFORNIA GAS CO

Five-year $1.2B revolving credit facility with 23 lenders, JPMorgan as administrative agent.
Provides up to $150M letters of credit (expandable to $250M); can increase commitments by $300M.
Financial covenant: total indebtedness to total capitalization ≤ 65%.
Replaces prior $750M facility that was to expire in 2024; no borrowings outstanding.
Contains customary covenants and cross-default triggers for indebtedness > $250M.

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