secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0000950170-25-098875
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avista issues $120M of 6.18% first mortgage bonds due 2055
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- Issued $120M principal of 6.18% first mortgage bonds, maturity 2055, via private placement.
- Cash settled $10M notional interest rate swap, netting $1.1M to amortize over bond life.
- Proceeds to repay borrowings under committed line of credit for utility facility construction/improvement.
- Bonds are redeemable at make-whole premium plus accrued interest before maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017025098875/0000950170-25-098875-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017025098875/ava-20250723.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-098875

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