debt
confidence high
sentiment neutral
materiality 0.35
IDACORP and Idaho Power extend revolving credit facilities to Dec 2025, add LIBOR transition terms
IDACORP INC
- IDACORP's $100M revolving credit facility maturity extended to December 6, 2025.
- Idaho Power's $300M revolving credit facility maturity also extended to December 6, 2025.
- Amendments add provisions for alternative reference rates if LIBOR becomes unavailable.
- Leverage ratio covenant remains at ≤0.65 consolidated indebtedness to total capitalization.
- No new borrowings reported; facilities used for general corporate purposes and commercial paper backup.