Tampa Electric upsizes credit facility to $1.2B, extends maturity to 2030

TAMPA ELECTRIC CO

Total commitment increased from $800M to $1.2B under Ninth Amended and Restated Credit Agreement.
Maturity date extended from December 1, 2028 to November 20, 2030.
Interest accrues at variable rates based on Term SOFR plus applicable margin.
Facility includes revolving loans, letters of credit, and swingline loans.
Amended agreement contains customary representations, warranties, and events of default.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TAMPA ELECTRIC CO entered into Ninth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., MUFG Bank Ltd., Canada Branch, The Bank of Nova Scotia, Morgan Stanley Senior Lending, Inc. and Royal Bank of Canada, as Joint Lead Arrangers and Joint Bookrunners, JPMorgan Chase valued at $1.2 billion (effective 2025-11-20).

Action: entry
Agreement: credit facility
Counterparty: Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., MUFG Bank Ltd., Canada Branch, The Bank of Nova Scotia, Morgan Stanley Senior Lending, Inc. and Royal Bank of Canada, as Joint Lead Arrangers and Joint Bookrunners, JPMorgan Chase
Value: $1.2 billion
Effective: 2025-11-20

Exact text from the filing

On November 20, 2025, Tampa Electric Company (“Tampa Electric”) amended and restated its $800 million bank credit facility, entering into a Ninth Amended and Restated Credit Agreement (the “Revolving Credit Agreement”) with

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Source: SEC EDGAR

accession 0001193125-25-296958

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