---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-22-000019"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:17:21.292316+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Idaho Power enters $150M term loan facility with Wells Fargo and U.S. Bank

## Summary
- $150M senior unsecured delayed draw term loan, two-year maturity (March 4, 2024).
- Available for draws until May 31, 2022, maximum three draws.
- Proceeds for general corporate purposes and funding capital projects.
- Interest based on prime, federal funds+0.5%, or Term SOFR+1% plus applicable margin tied to credit ratings.
- Covenant requires leverage ratio (consolidated debt to total capitalization) ≤0.65.

## SEC filing metadata
- accession: 0001057877-22-000019
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787722000019/0001057877-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49648/000105787722000019/ida-20220304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-22-000019
- JSON: https://secwatch.observer/filing/0001057877-22-000019.json
- Plain text: https://secwatch.observer/filing/0001057877-22-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.