---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-213665"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2022-08-05T23:59:59+00:00"
generated_at: "2026-06-24T03:31:26.095752+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SJW Group enters into $300M credit agreement with JPMorgan, Wells Fargo, replacing prior facilities

## Summary
- New $300M credit agreement with JPMorgan Chase and Wells Fargo; matures August 2, 2027.
- Borrowers: SJW Group, San Jose Water, SJWTX, Connecticut Water; sublimits total $300M.
- Proceeds to refinance existing debt, fund working capital, and general corporate purposes.
- Terminated existing $140M and $5M credit agreements; CTWS facility reduced from $75M to $10M.
- Financial covenant requires each borrower maintain funded debt to capitalization ratio at or below 70%.

## SEC filing metadata
- accession: 0001193125-22-213665
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2022-08-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000119312522213665/0001193125-22-213665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000119312522213665/d261758d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-213665
- JSON: https://secwatch.observer/filing/0001193125-22-213665.json
- Plain text: https://secwatch.observer/filing/0001193125-22-213665.txt

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