secwatch.observer — SEC 8-K summary
======================================

Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001193125-23-219090
Event type: debt
Sentiment:  positive
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000119312523219090/0001193125-23-219090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000119312523219090/d516215d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-219090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer