secwatch.observer — SEC 8-K summary
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Issuer:     Cleco Corporate Holdings LLC (—)
CIK:        0001089819
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001089819-26-000006
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089819/000108981926000006/0001089819-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089819/000108981926000006/cnl-20260424.htm
  HTML page:      https://secwatch.observer/filing/0001089819-26-000006

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