secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001057877-21-000124
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDACORP and Idaho Power extend revolving credit facilities to Dec 2025, add LIBOR transition terms
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787721000124/0001057877-21-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787721000124/ida-20211203.htm
  HTML page:      https://secwatch.observer/filing/0001057877-21-000124

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