{"schema_version":"secwatch.filing_event.v1","accession":"0000764622-23-000053","form_type":"8-K","ticker":null,"cik":"0000007286","company_name":"ARIZONA PUBLIC SERVICE CO","filed_at":"2023-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.092832+00:00","generated_at":"2026-06-17T04:22:32.441821+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Pinnacle West enters $200M revolver, APS $1.25B revolver, replacing prior facilities","bullets":["Pinnacle West new $200M unsecured revolver due 2028 replaces $200M facility that would have expired May 28, 2026.","APS new $1.25B unsecured revolver due 2028 replaces two $500M facilities that would have expired May 28, 2026.","Both facilities include sustainability-linked pricing metrics tied to environmental and safety targets.","Proceeds used for general corporate purposes and to backstop commercial paper programs."],"urls":{"canonical":"https://secwatch.observer/filing/0000764622-23-000053","json":"https://secwatch.observer/filing/0000764622-23-000053.json","markdown":"https://secwatch.observer/filing/0000764622-23-000053.md","text":"https://secwatch.observer/filing/0000764622-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/7286/000076462223000053/0000764622-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/7286/000076462223000053/pnw-20230410.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T04:22:32.441821+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":"5b9e6bc2d806f06526fcfcaa3402f85fab63cc09","claim":"ARIZONA PUBLIC SERVICE CO incurred revolving credit of up to $200 million with Barclays Bank PLC, as Agent, Co-Sustainability Structuring Agent and Issuing Bank, Mizuho Bank, Ltd., as Co-Syndication Agent, Co-Sustainability Structuring Agent and Issuing Bank, Wells Fargo Bank, National Association, as Co-Syndication Agent and Issuing Bank, Bank of America, N.A., JPMorgan Chase maturing through April 10, 2028.","evidence_excerpt":"On April 10, 2023, Pinnacle West entered into a five-year unsecured revolving credit facility (the “Pinnacle West Facility”) with Barclays Bank PLC, as Agent, Co-Sustainability Structuring Agent and Issuing Bank, Mizuho Bank, Ltd., as Co-Syndication Agent, Co-Sustainability Structuring Agent and Issuing Bank, Wells Fargo Bank, National Association, as Co-Syndication Agent and Issuing Bank, Bank of America, N.A., JPMorgan Chase Bank, N.A., MUFG Bank, Ltd., PNC Bank, National Association, and Truist Bank, as Co-Documentation Agents and Issuing Banks, the other lender parties thereto, allowing Pinnacle West to borrow, repay and reborrow, from time to time, up to $200 million through April 10, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/7286/000076462223000053/0000764622-23-000053-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $200 million"},{"label":"Counterparty","value":"Barclays Bank PLC, as Agent, Co-Sustainability Structuring Agent and Issuing Bank, Mizuho Bank, Ltd., as Co-Syndication Agent, Co-Sustainability Structuring Agent and Issuing Bank, Wells Fargo Bank, National Association, as Co-Syndication Agent and Issuing Bank, Bank of America, N.A., JPMorgan Chase"},{"label":"Maturity","value":"through April 10, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f9b930a1dcd6bdb76ed339d9d319b7503b40ba01","claim":"ARIZONA PUBLIC SERVICE CO incurred revolving credit of up to $1.25 billion with Barclays Bank PLC, as Agent, Co-Sustainability Structuring Agent and Issuing Bank, Mizuho Bank, Ltd., as Co-Syndication Agent, Co-Sustainability Structuring Agent and Issuing Bank, Wells Fargo Bank, National Association, as Co-Syndication Agent and Issuing Bank, Bank of America, N.A., JPMorgan Chase maturing through April 10, 2028.","evidence_excerpt":"On April 10, 2023, APS entered into a five-year unsecured revolving credit facility (the “APS Facility”) with Barclays Bank PLC, as Agent, Co-Sustainability Structuring Agent and Issuing Bank, Mizuho Bank, Ltd., as Co-Syndication Agent, Co-Sustainability Structuring Agent and Issuing Bank, Wells Fargo Bank, National Association, as Co-Syndication Agent and Issuing Bank, Bank of America, N.A., JPMorgan Chase Bank, N.A., MUFG Bank, Ltd., PNC Bank, National Association, and Truist Bank, as Co-Documentation Agents and Issuing Banks, the other lender parties thereto, allowing APS to borrow, repay and reborrow, from time to time, up to $1.25 billion through April 10, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/7286/000076462223000053/0000764622-23-000053-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $1.25 billion"},{"label":"Counterparty","value":"Barclays Bank PLC, as Agent, Co-Sustainability Structuring Agent and Issuing Bank, Mizuho Bank, Ltd., as Co-Syndication Agent, Co-Sustainability Structuring Agent and Issuing Bank, Wells Fargo Bank, National Association, as Co-Syndication Agent and Issuing Bank, Bank of America, N.A., JPMorgan Chase"},{"label":"Maturity","value":"through April 10, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}