---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-310579"
form_type: "8-K"
ticker: "SR"
cik: "0001126956"
company_name: "SPIRE INC"
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T13:55:25.185784+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Spire details $825M senior notes to fund Piedmont TN acquisition; FY26 EPS guided $5.25-$5.45

## Summary
- $825M aggregate Senior Notes to be issued by Spire Tennessee, conditioned on closing of the $2.48B Piedmont TN acquisition.
- FY26 adjusted EPS guidance $5.25-$5.45; FY27 adjusted EPS guidance $5.65-$5.85, supporting 5-7% long-term EPS growth.
- 10-year capex plan of $11.2B (FY26-FY35E), ~70% for safety and reliability.
- Acquisition on track to close Q1 2026; TN PUC approval pending; HSR review completed.
- $900M Junior Subordinated Notes issued Nov 24, 2025; minimal common equity to be issued.

## SEC filing metadata
- accession: 0001193125-25-310579
- form_type: 8-K
- ticker: SR
- cik: 0001126956
- company_name: SPIRE INC
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126956/000119312525310579/0001193125-25-310579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126956/000119312525310579/d53359d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-310579
- JSON: https://secwatch.observer/filing/0001193125-25-310579.json
- Plain text: https://secwatch.observer/filing/0001193125-25-310579.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
