{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-069906","form_type":"8-K","ticker":null,"cik":"0000885568","company_name":"OLD DOMINION ELECTRIC COOPERATIVE","filed_at":"2023-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.253922+00:00","generated_at":"2026-06-07T13:52:34.147311+00:00","sec_items":["1.01","2.03","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Old Dominion Electric enters $400M credit agreement, appoints new COO and CLO","bullets":["Entered $400M Second Amended and Restated Credit Agreement, maturing Dec 7, 2028, with CFC as administrative agent.","Borrowings bear interest at SOFR plus margin ranging from 1.00% to 1.50% based on credit ratings.","Micheal L. Hern to resign as SVP and Chief Legal Officer effective Dec 31, 2023.","Christopher F. Cosby appointed SVP and COO effective Dec 12, 2023; previously SVP of Power Supply.","John M. Robb III appointed SVP and Chief Legal Officer effective Jan 1, 2024, succeeding Hern."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-069906","json":"https://secwatch.observer/filing/0000950170-23-069906.json","markdown":"https://secwatch.observer/filing/0000950170-23-069906.md","text":"https://secwatch.observer/filing/0000950170-23-069906.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/0000950170-23-069906-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/ck0000885568-20231207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:52:34.147311+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"842b3317aee1cd24345b5e6f4eaf7a39a45312e8","claim":"OLD DOMINION ELECTRIC COOPERATIVE incurred revolving credit of $400 million in aggregate commitments with National Rural Utilities Cooperative Finance Corporation at Adjusted Term SOFR plus a margin ranging from 1.00% to 1.50% maturing December 7, 2028.","evidence_excerpt":"The $400 million in aggregate commitments under the credit agreement mature on December 7, 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/0000950170-23-069906-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$400 million in aggregate commitments"},{"label":"Counterparty","value":"National Rural Utilities Cooperative Finance Corporation"},{"label":"Rate","value":"Adjusted Term SOFR plus a margin ranging from 1.00% to 1.50%"},{"label":"Maturity","value":"December 7, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a82623b35b","claim":"Micheal L. Hern resigned as Senior Vice President and Chief Legal Officer at OLD DOMINION ELECTRIC COOPERATIVE.","evidence_excerpt":"Mr. Micheal L. Hern will resign from his position as Senior Vice President and Chief Legal Officer effective December 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/0000950170-23-069906-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Senior Vice President and Chief Legal Officer"}],"fact_type":"executive_change"},{"claim_id":"bed120d677","claim":"Christopher F. Cosby was appointed as Senior Vice President and Chief Operating Officer at OLD DOMINION ELECTRIC COOPERATIVE.","evidence_excerpt":"On December 12, 2023, Mr. Christopher F. Cosby was appointed Senior Vice President and Chief Operating Officer, effective December 12, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/0000950170-23-069906-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Senior Vice President and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}