---
schema_version: "secwatch.filing_event.v1"
accession: "0000728391-25-000026"
form_type: "8-K"
ticker: null
cik: "0000728391"
company_name: "IPALCO ENTERPRISES, INC."
filed_at: "2025-03-26T23:59:59+00:00"
generated_at: "2026-05-24T05:21:15.532532+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# IPALCO subsidiary AES Indiana enters $500M revolving credit facility maturing 2030

## Summary
- Amended and restated $500M unsecured revolving credit facility; available until March 25, 2030.
- Swing line loans up to $50M and letters of credit sublimit of $100M.
- Borrower may request up to $200M increase and two one-year extensions subject to lender approval.
- Financial covenant limits consolidated total debt to total capitalization ratio to 0.67:1.00.
- Proceeds for capex, refinancing, working capital, and general corporate purposes.

## SEC filing metadata
- accession: 0000728391-25-000026
- form_type: 8-K
- cik: 0000728391
- company_name: IPALCO ENTERPRISES, INC.
- filed_at: 2025-03-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/728391/000072839125000026/0000728391-25-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/728391/000072839125000026/cik0000728391-20250325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000728391-25-000026
- JSON: https://secwatch.observer/filing/0000728391-25-000026.json
- Plain text: https://secwatch.observer/filing/0000728391-25-000026.txt

## Key facts
- Debt Financings
  IPALCO ENTERPRISES, INC. incurred credit facility of $500 million with PNC Bank, National Association maturing March 25, 2030.
  - Instrument: credit facility
  - Principal: $500 million
  - Counterparty: PNC Bank, National Association
  - Maturity: March 25, 2030
  - Event: incurrence
  source text: On March 25, 2025 (the “Closing Date”), Indianapolis Power & Light Company, doing business as AES Indiana (“AES Indiana”), the principal subsidiary of IPALCO Enterprises, Inc. (“IPALCO”), entered into a third amended and restated $500 million unsecured revolving credit agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/728391/000072839125000026/0000728391-25-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.