---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-032379"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2022-09-06T23:59:59+00:00"
generated_at: "2026-06-23T15:52:45.258178+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NJR increases revolving credit facility to $650M and extends maturity to 2027

## Summary
- NJR revolver increased from $500M to $650M; swing loan commitment increased from $60M to $70M.
- Maturity extended to September 2, 2027 under NJR's option.
- Interest rate changes: Adjusted Term SOFR plus 0.875%-1.75% margin or base rate plus 0.00%-0.75% margin, based on NJNG credit rating.
- NJNG credit agreement maturity also extended to September 2, 2027 with SOFR plus 0.75%-1.50% margin.
- All other material terms of both credit agreements remain unchanged.

## SEC filing metadata
- accession: 0001140361-22-032379
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2022-09-06T23:59:59+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/356309/000114036122032379/0001140361-22-032379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036122032379/brhc10041561_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-032379
- JSON: https://secwatch.observer/filing/0001140361-22-032379.json
- Plain text: https://secwatch.observer/filing/0001140361-22-032379.txt

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