secwatch.observer — SEC 8-K summary
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Issuer:     TAMPA ELECTRIC CO (—)
CIK:        0000096271
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001193125-23-094948
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tampa Electric enters $200M 364-day credit facility, amends existing agreement
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- New $200M 364-day senior unsecured revolving credit facility (maturing April 2, 2024) with multiple banks.
- Interest rate based on SOFR plus margin; alternative base rate option; facility fee paid on total commitment.
- Amendment No. 1 revises interest rate provisions of existing 2021 credit agreement to SOFR-based rates.
- Lenders include Wells Fargo, JPMorgan, MUFG, RBC, BNS, Morgan Stanley, BofA, BMO, CIBC, TD, Truist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96271/000119312523094948/0001193125-23-094948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96271/000119312523094948/d483988d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-094948

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