secwatch.observer — SEC 8-K summary
======================================

Issuer:     Clearway Energy, Inc. (CWEN)
CIK:        0001567683
Form:       8-K
Filed at:   2023-03-20T23:59:59+00:00
Accession:  0001104659-23-034463
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearway Energy upsizes credit facility to $700M, extends maturity to 2028
--------------------------------------------------------------------------

- Amended credit facility increased revolving commitments to $700 million from prior amount.
- Maturity extended to March 15, 2028; letter of credit sublimit increased to $594 million.
- Interest rate benchmark replaced LIBOR with SOFR plus 0.10% credit spread adjustment.
- Certain covenant baskets and threshold amounts increased; exiting lenders repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567683/000110465923034463/0001104659-23-034463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567683/000110465923034463/tm239756d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-034463

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer