secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001193125-25-293344
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire issues $900M in junior subordinated notes for TN gas acquisition
----------------------------------------------------------------------

- Issued $450M of 6.250% Series A Junior Subordinated Notes due 2056 and $450M of 6.450% Series B Junior Subordinated Notes due 2056.
- Notes issued under indenture with Regions Bank as trustee; underwriters include BMO, J.P. Morgan, Wells Fargo, Mizuho, Morgan Stanley, RBC.
- Net proceeds to finance acquisition of Piedmont Natural Gas Company's Tennessee natural gas business from Duke Energy.
- Notes registered under existing S-3 shelf; prospectus supplement filed Nov. 19, 2025.
- Issuance completed Nov. 24, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000119312525293344/0001193125-25-293344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000119312525293344/d59157d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-293344

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer