secwatch.observer — SEC 8-K summary
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Issuer:     OLD DOMINION ELECTRIC COOPERATIVE (—)
CIK:        0000885568
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0000950170-23-069906
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Dominion Electric enters $400M credit agreement, appoints new COO and CLO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/0000950170-23-069906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885568/000095017023069906/ck0000885568-20231207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-069906

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer