Black Hills extends $750M revolver maturity to 2029 with accordion to $1B

BLACK HILLS CORP /SD/

Extended maturity of $750M revolving credit facility from July 19, 2026 to May 31, 2029, with two one-year extension options.
Accordion feature allows increasing facility to $1B with lender and agent consent.
As of May 31, 2024, no borrowings outstanding; only $3.5M in letters of credit.
Terms substantially similar to prior agreement; U.S. Bank National Association remains Administrative Agent.

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