---
schema_version: "secwatch.filing_event.v1"
accession: "0001089819-26-000006"
form_type: "8-K"
ticker: null
cik: "0001089819"
company_name: "Cleco Corporate Holdings LLC"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:33:29.773963+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cleco Holdings enters $250M term loan to refinance May 2026 senior notes

## Summary
- Borrowed $250M on April 24, 2026 under a new term loan agreement.
- Proceeds will repay all outstanding senior notes due May 1, 2026.
- Interest rate: SOFR + 1.500% or ABR + 0.500%.
- Financial covenant: total indebtedness (excl. securitization) ≤ 65% of total capitalization.
- Lenders include Regions Bank, JPMorgan, SMBC, CoBank, CIBC, Crédit Agricole.

## SEC filing metadata
- accession: 0001089819-26-000006
- form_type: 8-K
- cik: 0001089819
- company_name: Cleco Corporate Holdings LLC
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089819/000108981926000006/0001089819-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089819/000108981926000006/cnl-20260424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001089819-26-000006
- JSON: https://secwatch.observer/filing/0001089819-26-000006.json
- Plain text: https://secwatch.observer/filing/0001089819-26-000006.txt

## Source-grounded claims
- claim_id: 0511549a30ef4834d5a094308f134170bcc480e0
  claim: Cleco Corporate Holdings LLC incurred term loan of $250.0 million with unknown at SOFR plus 1.500% or ABR plus 0.500% maturing unknown.
  evidence_excerpt: On April 24, 2026, Cleco Corporate Holdings LLC (“Cleco Holdings”) entered into a term loan agreement under which it borrowed $250.0 million (the “Credit Agreement”). Cleco Holdings intends to use the term loan borrowings to repay at maturity all of the outstanding Cleco Holdings senior notes due May 1, 2026. Under the Credit Agreement, Cleco Holdings is required to maintain total indebtedness (not including securitization indebtedness) less than or equal to 65% of total capitalization. The borrowing costs under the Credit Agreement are currently equal to SOFR plus 1.500% or ABR plus 0.500%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089819/000108981926000006/0001089819-26-000006-index.htm
- claim_id: b80b62d7621b3e05101ff714f7dc97ff9509df09
  claim: Cleco Corporate Holdings LLC entered into Credit Agreement valued at $250.0 million (effective 2026-04-24).
  evidence_excerpt: On April 24, 2026, Cleco Corporate Holdings LLC (“Cleco Holdings”) entered into a term loan agreement under which it borrowed $250.0 million (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089819/000108981926000006/0001089819-26-000006-index.htm

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