secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL FUEL GAS CO (NFG)
CIK:        0000070145
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001193125-24-036368
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National Fuel Gas enters $300M delayed draw term loan facility due Feb 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70145/000119312524036368/0001193125-24-036368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70145/000119312524036368/d773928d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-036368

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