secwatch.observer — SEC 8-K summary
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Issuer:     ONE Gas, Inc. (OGS)
CIK:        0001587732
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001193125-25-177925
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONE Gas enters $250M unsecured term loan facility maturing Sept 2026
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- Entered $250M unsecured term loan with Bank of America as admin agent; matures Sept 2026.
- Proceeds for working capital, capex, acquisitions, and general corporate purposes.
- Loans bear interest at Term SOFR plus 0.90% or Base Rate plus 0.00% (floor).
- Credit agreement includes customary covenants, including financial ratio maintenance.
- The facility is a direct financial obligation under Item 2.03.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587732/000119312525177925/0001193125-25-177925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587732/000119312525177925/d874104d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-177925

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