secwatch.observer — SEC 8-K summary
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Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001193125-23-274635
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NiSource enters $250M credit agreement with U.S. Bank National Association
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- Borrowed $250M on Nov 9, 2023; facility matures Nov 7, 2024 (1-year term).
- Interest at Base Rate +0.05% or Term SOFR +1.15% (including 0.10% SOFR adjustment).
- Covenant: maximum debt-to-capitalization ratio of 70%, consistent with existing revolver.
- U.S. Bank serves as Administrative Agent, Sole Lead Arranger and Bookrunner.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000119312523274635/0001193125-23-274635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000119312523274635/d295245d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-274635

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