secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0000950170-23-006615
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGE subsidiary remarkets $19.3M bonds at 3.75%, up from 2.05%
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- $19.3M City of Madison Series 2020A bonds remarketed at 3.75% interest rate, up from 2.05%.
- Bonds mature October 1, 2027; closing scheduled for March 16, 2023 subject to customary conditions.
- MGE remains obligated for principal, premium, and interest under Loan Agreement with City of Madison.
- Remarketing agent was U.S. Bank; bonds no longer subject to further remarketing or optional redemption before maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000095017023006615/0000950170-23-006615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000095017023006615/mgee-20230306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-006615

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