secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0000950170-22-025884
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017022025884/0000950170-22-025884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017022025884/ava-20221129.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-025884

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