secwatch.observer — SEC 8-K summary
======================================

Issuer:     OGE ENERGY CORP. (OGE)
CIK:        0001021635
Form:       8-K
Filed at:   2026-06-15T20:33:13+00:00
Accession:  0001021635-26-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OGE Energy and OG&E enter $650M each revolving credit facilities, replacing $550M facilities
--------------------------------------------------------------------------------

- Each $650M unsecured facility matures June 12, 2031, with two optional one-year extensions.
- No borrowings outstanding on OGE Energy facility; OG&E had $0.4M in outstanding letters of credit.
- Interest: SOFR + 0.80%-1.475% (OGE) or SOFR + 0.69%-1.275% (OG&E); facility fees 0.075%-0.275% (OGE) and 0.06%-0.225% (OG&E).
- Financial covenant: max debt-to-capitalization of 70% (OGE) and 65% (OG&E).
- Each facility can be increased by up to $150M to $800M max, and includes a $100M letter of credit sublimit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021635/000102163526000019/0001021635-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74145/000102163526000019/oge-20260612.htm
  HTML page:      https://secwatch.observer/filing/0001021635-26-000019

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