Evergy Kansas Central amends mortgage indenture, removes earnings test, allows variable-rate bonds

Evergy, Inc.

Fifty-Fourth Supplemental Indenture eliminates net earnings test for issuing additional first mortgage bonds.
Removes requirement for independent engineer's certificate on certain property releases, simplifies release conditions.
Adds nuclear fuel to property additions definition, enables variable rate bond issuance.
Allows substitute bonds with equal or better credit ratings; deletes $100K judgment default event.
Reinstates 70% bondable value ratio from 60% since no pre-1997 bonds remain outstanding.

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.