---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-219090"
form_type: "8-K"
ticker: "NI"
cik: "0001111711"
company_name: "NISOURCE INC."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:39:22.618159+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NiSource amends credit agreement to reduce NIPSCO ownership covenant from 100% to 70%

## Summary
- Change-of-control trigger lowered: NiSource must own at least 70% of NIPSCO stock (previously 100%).
- Merger/asset-transfer covenants relaxed; surviving entity may be 70% owned by NiSource instead of wholly owned.
- Asset-sale reference date updated from December 31, 2020 to December 31, 2022.
- Amendment executed August 23, 2023 with Required Lenders; no new debt issued or drawn.

## SEC filing metadata
- accession: 0001193125-23-219090
- form_type: 8-K
- ticker: NI
- cik: 0001111711
- company_name: NISOURCE INC.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111711/000119312523219090/0001193125-23-219090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111711/000119312523219090/d516215d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-219090
- JSON: https://secwatch.observer/filing/0001193125-23-219090.json
- Plain text: https://secwatch.observer/filing/0001193125-23-219090.txt

## Key facts
- Material Agreements
  NISOURCE INC. amended Amendment No. 1 with Barclays Bank PLC, as Administrative Agent (effective 2023-08-23).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC, as Administrative Agent
  - Effective: 2023-08-23
  source text: On August 23, 2023, NiSource Inc. (“NiSource”) entered into Amendment No. 1 (the “Amendment”) to that certain Sixth Amended and Restated Revolving Credit Agreement (the “Existing Agreement”), dated as of February 18, 2022, among NiSource, as Borrower, the financial institutions from time to time party thereto (the “Lenders”) and Barclays Bank PLC, as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111711/000119312523219090/0001193125-23-219090-index.htm

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