secwatch / observer
8-K filed February 14, 2024, 6:59 PM ET ticker NFG CIK 0000070145
debt confidence high sentiment neutral materiality 0.50

NATIONAL FUEL GAS CO (NFG): debt financing — National Fuel Gas enters $300M delayed draw term loan facility due Feb 2026

NATIONAL FUEL GAS CO

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

NATIONAL FUEL GAS CO incurred credit facility of $300 million unsecured committed delayed draw term loan credit facility with JPMorgan Chase Bank, N.A., as administrative agent at adjusted term secured overnight financing rate plus an applicable margin of 1.37 maturing February 14, 2026.

Instrument
credit facility
Principal
$300 million unsecured committed delayed draw term loan credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Rate
adjusted term secured overnight financing rate plus an applicable margin of 1.37
Maturity
February 14, 2026
Event
incurrence
Exact text from the filing
On February 14, 2024, National Fuel Gas Company (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, and the following lenders: JPMorgan Chase Bank, N.A.; Bank of America, N.A.; PNC Bank, National Association; The Toronto Dominion Bank, New York Branch; U.S. Bank National Association; and Wells Fargo Bank, National Association. The Term Loan Agreement provides a $300 million unsecured committed delayed draw term loan credit facility with a maturity date of February 14, 2026.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NATIONAL FUEL GAS CO entered into Term Loan Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the following lenders: JPMorgan Chase Bank, N.A.; Bank of America, N.A.; PNC Bank, National Association; The Toronto Dominion Bank, New York Branch; U.S. Bank National Association; and Wells Fargo Bank, National Association valued at $300 million (effective 2024-02-14).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent, and the following lenders: JPMorgan Chase Bank, N.A.; Bank of America, N.A.; PNC Bank, National Association; The Toronto Dominion Bank, New York Branch; U.S. Bank National Association; and Wells Fargo Bank, National Association
Value
$300 million
Effective
2024-02-14
Exact text from the filing
On February 14, 2024, National Fuel Gas Company (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, and the following lenders: JPMorgan Chase Bank, N.A.; Bank of America, N.A.; PNC Bank, National Association; The Toronto Dominion Bank, New York Branch; U.S. Bank National Association; and Wells Fargo Bank, National Association.
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

NATIONAL FUEL GAS CO filing history →

Source: SEC EDGAR
accession 0001193125-24-036368
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