---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-027534"
form_type: "8-K"
ticker: "AVA"
cik: "0000104918"
company_name: "AVISTA CORP"
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T02:38:17.074658+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Avista increases credit facility to $500M, extends maturity to June 2028

## Summary
- Committed line of credit increased from $400M to $500M; expiration extended to June 8, 2028, with two possible one-year extensions.
- LIBOR rate references replaced with SOFR provisions.
- Separate $100M line of credit terminated.
- Facility secured by $500M of non-transferable first mortgage bonds (12% nominal rate, due only on default).
- Financial covenant unchanged: consolidated total debt to total capitalization capped at 65%.

## SEC filing metadata
- accession: 0000950170-23-027534
- form_type: 8-K
- ticker: AVA
- cik: 0000104918
- company_name: AVISTA CORP
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104918/000095017023027534/0000950170-23-027534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104918/000095017023027534/ava-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-027534
- JSON: https://secwatch.observer/filing/0000950170-23-027534.json
- Plain text: https://secwatch.observer/filing/0000950170-23-027534.txt

## Key facts
- Debt Financings
  AVISTA CORP amended credit facility of increased the aggregate amount available from $400 million to $500 million with agent bank maturing expiration date to June 8, 2028.
  - Instrument: credit facility
  - Principal: increased the aggregate amount available from $400 million to $500 million
  - Counterparty: agent bank
  - Maturity: expiration date to June 8, 2028
  - Event: amendment
  source text: On June 8, 2023, Avista Corporation (Avista Corp. or the Company) amended its committed line of credit facility, increasing the aggregate amount available from $400 million to $500 million. The amendment also extended the expiration date to June 8, 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/104918/000095017023027534/0000950170-23-027534-index.htm

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