Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PORTLAND GENERAL ELECTRIC CO /OR/ incurred term loan of aggregate principal amount of up to $681 million with J.P.Morgan Chase Bank, N.A. (as administrative agent) at Term SOFR Rate plus applicable margin or Alternate Base Rate plus applicable mar maturing 364 days after the funding thereof.
- Instrument
- term loan
- Principal
- aggregate principal amount of up to $681 million
- Counterparty
- J.P.Morgan Chase Bank, N.A. (as administrative agent)
- Rate
- Term SOFR Rate plus applicable margin or Alternate Base Rate plus applicable mar
- Maturity
- 364 days after the funding thereof
- Event
- incurrence
Exact text from the filing
On March 23, 2026, the Company entered into an unsecured Credit Agreement (the “Delayed Draw Term Loan Credit Agreement”) among the Company, as borrower, the lenders party thereto and J.P.Morgan Chase Bank, N.A., as administrative agent, which provides for a senior unsecured delayed draw term loan in an aggregate principal amount of up to $681 million
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PORTLAND GENERAL ELECTRIC CO /OR/ incurred term loan of up to an aggregate of $350 million with U.S. Bank National Association (as administrative agent) at Term SOFR Rate plus 1.10% or Alternate Base Rate plus 0.10% maturing March 23, 2028.
- Instrument
- term loan
- Principal
- up to an aggregate of $350 million
- Counterparty
- U.S. Bank National Association (as administrative agent)
- Rate
- Term SOFR Rate plus 1.10% or Alternate Base Rate plus 0.10%
- Maturity
- March 23, 2028
- Event
- incurrence
Exact text from the filing
as administrative agent, and CoBank, ACB and Mizuho Bank Ltd., as co-syndication agents. Under the terms of the Term Loan Agreement, the Company may borrow up to an aggregate of $350 million in up to four separate borrowings, subject to the satisfaction or waiver of certain customary conditions. Borrowings made under the Term Loan Agreement may be made through
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PORTLAND GENERAL ELECTRIC CO /OR/ entered into Credit Agreement with U.S. Bank National Association, CoBank, ACB, Mizuho Bank Ltd. valued at $350 million (effective 2026-03-23).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- U.S. Bank National Association, CoBank, ACB, Mizuho Bank Ltd.
- Value
- $350 million
- Effective
- 2026-03-23
Exact text from the filing
On March 23, 2026, Portland General Electric Company (“PGE” or the “Company”) entered into an unsecured Credit Agreement (the “Term Loan Agreement”) among the Company, as borrower, the lenders party thereto, U.S. Bank National Association, as administrative agent, and CoBank, ACB and Mizuho Bank Ltd., as co-syndication agents.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PORTLAND GENERAL ELECTRIC CO /OR/ entered into Delayed Draw Term Loan Credit Agreement with J.P. Morgan Chase Bank, N.A. valued at $681 million (effective 2026-03-23).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- J.P. Morgan Chase Bank, N.A.
- Value
- $681 million
- Effective
- 2026-03-23
Exact text from the filing
On March 23, 2026, the Company entered into an unsecured Credit Agreement (the “Delayed Draw Term Loan Credit Agreement”) among the Company, as borrower, the lenders party thereto and J.P.Morgan Chase Bank, N.A., as administrative agent
View on SEC.gov