ONE Gas, Inc. (OGS): debt financing — ONE Gas enters $1.5B unsecured revolving credit facility maturing 2030

ONE Gas, Inc.

$1.5 billion unsecured revolving credit facility, with ability to increase by up to $750M.
Matures October 30, 2030; can be extended by one year up to two times with lender consent.
Replaces prior $1.5B Second Amended and Restated Credit Agreement dated March 2021.
Credit facility includes $20M letter of credit subfacility and $60M swingline subfacility.
Proceeds for working capital, capital expenditures, acquisitions, and general corporate purposes.

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

ONE Gas, Inc. incurred credit facility of $1.5 billion unsecured revolving credit facility with Bank of America, N.A., as administrative agent, swing line lender, a letter of credit issuer and a lender and the other lenders and letter of credit issuers parties thereto at Term SOFR or Base Rate plus a margin specified in the Credit Agreement maturing October 30, 2030.

Instrument: credit facility
Principal: $1.5 billion unsecured revolving credit facility
Counterparty: Bank of America, N.A., as administrative agent, swing line lender, a letter of credit issuer and a lender and the other lenders and letter of credit issuers parties thereto
Rate: Term SOFR or Base Rate plus a margin specified in the Credit Agreement
Maturity: October 30, 2030
Event: incurrence

Exact text from the filing

agent, swingline lender, a letter of credit issuer and a lender and the other lenders and letter of credit issuers parties thereto. The Credit Agreement provides for a $1.5 billion unsecured revolving credit facility, which includes a $20 million letter of credit sub-facility and a $60 million swingline sub-facility. The Company can request an increase in

View on SEC.gov

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

ONE Gas, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-258511

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.