secwatch / observer
8-K filed March 6, 2023, 6:59 PM ET ticker ATO CIK 0000731802
debt confidence high sentiment neutral materiality 0.50

ATMOS ENERGY CORP (ATO): debt financing — Atmos Energy enters $2.02B term loan to repay March 2023 senior notes

ATMOS ENERGY CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

ATMOS ENERGY CORP incurred term loan of $2.02 billion with U.S. Bank National Association, Mizuho Bank, Ltd., CoBank, ACB at Term SOFR rate plus 0.95% margin (initially 5.955600% per annum) maturing December 31, 2023.

Instrument
term loan
Principal
$2.02 billion
Counterparty
U.S. Bank National Association, Mizuho Bank, Ltd., CoBank, ACB
Rate
Term SOFR rate plus 0.95% margin (initially 5.955600% per annum)
Maturity
December 31, 2023
Event
incurrence
Exact text from the filing
On March 3, 2023, Atmos Energy Corporation (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) with (i) U.S. Bank National Association (“U.S. Bank”), as the Administrative Agent, (ii) Mizuho Bank, Ltd. (“Mizuho”), as Syndication Agent, (iii) CoBank, ACB (“CoBank”), as Documentation Agent, (iv) U.S. Bank, Mizuho and CoBank, as Joint Lead Arrangers and Joint-Bookrunners, and (v) the lenders named therein, providing the Company with a $2.02 billion senior unsecured term loan facility (the “Term Loan Facility”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ATMOS ENERGY CORP entered into Term Loan Agreement with U.S. Bank National Association, Mizuho Bank, Ltd., CoBank, ACB and the lenders named therein valued at $2.02 billion (effective 2023-03-03).

Action
entry
Agreement
credit facility
Counterparty
U.S. Bank National Association, Mizuho Bank, Ltd., CoBank, ACB and the lenders named therein
Value
$2.02 billion
Effective
2023-03-03
Exact text from the filing
On March 3, 2023, Atmos Energy Corporation (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) with (i) U.S. Bank National Association (“U.S. Bank”), as the Administrative Agent, (ii) Mizuho Bank, Ltd. (“Mizuho”), as Syndication Agent, (iii) CoBank, ACB (“CoBank”), as Documentation Agent, (iv) U.S. Bank, Mizuho and CoBank, as Joint Lead Arrangers and Joint-Bookrunners, and (v) the lenders named therein, providing the Company with a $2.02 billion senior unsecured term loan facility (the “Term Loan Facility”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-060230
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