---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-025884"
form_type: "8-K"
ticker: "AVA"
cik: "0000104918"
company_name: "AVISTA CORP"
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:25:37.498835+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Avista Corp enters $50M revolving credit facility with KeyBank, matures Nov 2023

## Summary
- Unsecured revolving credit facility of $50 million with KeyBank National Association as lender and administrative agent.
- Maturity date is November 28, 2023; variable interest based on SOFR or Alternate Base Rate plus margins.
- Proceeds used for general corporate purposes and to provide additional liquidity.
- Covenant requires consolidated total debt to total capitalization ratio not to exceed 65%.
- Customary events of default and other covenants included.

## SEC filing metadata
- accession: 0000950170-22-025884
- form_type: 8-K
- ticker: AVA
- cik: 0000104918
- company_name: AVISTA CORP
- filed_at: 2022-11-30T23:59:59+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/104918/000095017022025884/0000950170-22-025884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104918/000095017022025884/ava-20221129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-025884
- JSON: https://secwatch.observer/filing/0000950170-22-025884.json
- Plain text: https://secwatch.observer/filing/0000950170-22-025884.txt

## Key facts
- Debt Financings
  AVISTA CORP incurred revolving credit of $50 million with Keybank National Association, as Lender and Administrative Agent at variable annual interest rate determined by either the Secured Overnight Financi maturing November 28, 2023.
  - Instrument: revolving credit
  - Principal: $50 million
  - Counterparty: Keybank National Association, as Lender and Administrative Agent
  - Rate: variable annual interest rate determined by either the Secured Overnight Financi
  - Maturity: November 28, 2023
  - Event: incurrence
  source text: On November 29, 2022, Avista Corporation (Avista Corp. or the Company) entered into a revolving Credit Agreement with Keybank National Association, as Lender and Administrative Agent, in an aggregate amount not to exceed $50 million with a maturity date of November 28, 2023. Loans under this agreement are unsecured and will have a variable annual interest rate determined by either the Secured Overnight Financing Rate or the Alternative Base Rate depending on the type of loan selected by Avista Corp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/104918/000095017022025884/0000950170-22-025884-index.htm
- Material Agreements
  AVISTA CORP entered into Credit Agreement with Keybank National Association, as Lender and Administrative Agent valued at $50 million (effective 2022-11-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Keybank National Association, as Lender and Administrative Agent
  - Value: $50 million
  - Effective: 2022-11-29
  source text: On November 29, 2022, Avista Corporation (Avista Corp. or the Company) entered into a revolving Credit Agreement with Keybank National Association, as Lender and Administrative Agent, in an aggregate amount not to exceed $50 million with a maturity date of November 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/104918/000095017022025884/0000950170-22-025884-index.htm

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