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8-K filed November 23, 2022, 6:59 PM ET ticker IDA CIK 0001057877
debt confidence high sentiment neutral materiality 0.35

IDACORP amends $100M and Idaho Power $300M credit facilities; extends maturities to 2026, transitions to SOFR

IDACORP INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

IDACORP INC amended IPC Facility Amendment with Wells Fargo Bank, National Association, as administrative agent, an extending lender, swingline lender, and LC issuer; JPMorgan Chase Bank, N.A.; and MUFG Union Bank, N.A., as extending lenders and LC Issuers; and the other financial institutions party thereto, as lenders valued at $300 million (effective 2022-11-18).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent, an extending lender, swingline lender, and LC issuer; JPMorgan Chase Bank, N.A.; and MUFG Union Bank, N.A., as extending lenders and LC Issuers; and the other financial institutions party thereto, as lenders
Value
$300 million
Effective
2022-11-18
Exact text from the filing
On November 18, 2022, Idaho Power Company (“IPC”), a wholly owned subsidiary of IDACORP, entered into a Third Amendment to Credit Agreement (the “IPC Facility Amendment”) with the Lending Parties.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

IDACORP INC amended IDACORP Facility Amendment with Wells Fargo Bank, National Association, as administrative agent, an extending lender, swingline lender, and LC issuer; JPMorgan Chase Bank, N.A.; and MUFG Union Bank, N.A., as extending lenders and LC Issuers; and the other financial institutions party thereto, as lenders valued at $100 million (effective 2022-11-18).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent, an extending lender, swingline lender, and LC issuer; JPMorgan Chase Bank, N.A.; and MUFG Union Bank, N.A., as extending lenders and LC Issuers; and the other financial institutions party thereto, as lenders
Value
$100 million
Effective
2022-11-18
Exact text from the filing
On November 18, 2022, IDACORP, Inc. (“IDACORP”) entered into a Third Amendment to Credit Agreement (the “IDACORP Facility Amendment”) with Wells Fargo Bank, National Association, as administrative agent, an extending lender, swingline lender, and LC issuer; JPMorgan Chase Bank, N.A.; and MUFG Union Bank, N.A., as extending lenders and LC Issuers; and the other financial institutions party thereto, as lenders (collectively, “Lending Parties”).
View on SEC.gov

23 material agreements filed in the last 30 days. Browse all material agreements →

IDACORP INC filing history →

Source: SEC EDGAR
accession 0001057877-22-000077
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