secwatch / observer
8-K filed November 9, 2023, 6:59 PM ET ticker NI CIK 0001111711
debt confidence high sentiment neutral materiality 0.40

NISOURCE INC. (NI): debt financing — NiSource enters $250M credit agreement with U.S. Bank National Association

NISOURCE INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

NISOURCE INC. incurred credit facility of $250 million with U.S. Bank National Association at Term SOFR plus 1.05% maturing November 7, 2024.

Instrument
credit facility
Principal
$250 million
Counterparty
U.S. Bank National Association
Rate
Term SOFR plus 1.05%
Maturity
November 7, 2024
Event
incurrence
Exact text from the filing
On November 9, 2023, NiSource Inc. (the “Company”), as Borrower, entered into a Credit Agreement (the “Agreement”) with the lenders party thereto (the “Lenders”) and U.S. Bank National Association, as Administrative Agent, Sole Lead Arranger and Bookrunner. Under the Agreement, the Company borrowed $250 million
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NISOURCE INC. entered into Credit Agreement with U.S. Bank National Association, as Administrative Agent, Sole Lead Arranger and Bookrunner, and the lenders party thereto valued at $250 million (effective 2023-11-09).

Action
entry
Agreement
credit facility
Counterparty
U.S. Bank National Association, as Administrative Agent, Sole Lead Arranger and Bookrunner, and the lenders party thereto
Value
$250 million
Effective
2023-11-09
Exact text from the filing
On November 9, 2023, NiSource Inc. (the “Company”), as Borrower, entered into a Credit Agreement (the “Agreement”) with the lenders party thereto (the “Lenders”) and U.S. Bank National Association, as Administrative Agent, Sole Lead Arranger and Bookrunner. Under the Agreement, the Company borrowed $250 million, representing the aggregate commitments of the Lenders under the Agreement.
View on SEC.gov

Browse all debt financings →

NISOURCE INC. filing history →

Source: SEC EDGAR
accession 0001193125-23-274635
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.