---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-017757"
form_type: "8-K"
ticker: "RUN"
cik: "0001469367"
company_name: "Sunrun Inc."
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:25:30.441115+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sunrun closes $425M recourse lending facility, replacing $250M facility with enhanced terms

## Summary
- New $425M facility refinances $250M existing facility; ~$211M outstanding repaid.
- Enhanced terms: 5% discount rate for operating assets, higher advance rates on project backlog and inventory.
- Maturity extended to January 2025, longer than prior 2-year extension.
- Borrowing cost unchanged; facility has accordion feature to upsize to $600M.
- Initial commitments from nine lenders; CFO cites improved capital market execution.

## SEC filing metadata
- accession: 0001193125-22-017757
- form_type: 8-K
- ticker: RUN
- cik: 0001469367
- company_name: Sunrun Inc.
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469367/000119312522017757/0001193125-22-017757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469367/000119312522017757/d619309d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-017757
- JSON: https://secwatch.observer/filing/0001193125-22-017757.json
- Plain text: https://secwatch.observer/filing/0001193125-22-017757.txt

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