{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-036368","form_type":"8-K","ticker":"NFG","cik":"0000070145","company_name":"NATIONAL FUEL GAS CO","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.697055+00:00","generated_at":"2026-06-06T02:47:17.110437+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"National Fuel Gas enters $300M delayed draw term loan facility due Feb 2026","bullets":["Facility is a $300M unsecured committed delayed draw term loan maturing Feb 2026.","Borrowing available through Apr 12, 2024; proceeds for CP repayment, corp purposes, acquisitions.","Interest based on SOFR plus 1.375% (Term Benchmark) or ABR plus 0.375%.","Covenant includes debt-to-capitalization ratio not exceeding 0.65.","Lenders include JPMorgan, Bank of America, PNC, TD, US Bank, Wells Fargo."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-036368","json":"https://secwatch.observer/filing/0001193125-24-036368.json","markdown":"https://secwatch.observer/filing/0001193125-24-036368.md","text":"https://secwatch.observer/filing/0001193125-24-036368.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70145/000119312524036368/0001193125-24-036368-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70145/000119312524036368/d773928d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:47:17.110437+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"acadca04f9f290ad029ccc71e36923a6d2dfd5ca","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/70145/000119312524036368/0001193125-24-036368-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$300 million unsecured committed delayed draw term loan credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"adjusted term secured overnight financing rate plus an applicable margin of 1.37"},{"label":"Maturity","value":"February 14, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4305233aec47681f43ec8fccebd4ca13b899a5f8","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/70145/000119312524036368/0001193125-24-036368-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"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"},{"label":"Value","value":"$300 million"},{"label":"Effective","value":"2024-02-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}