secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001193125-25-310579
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000119312525310579/0001193125-25-310579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000119312525310579/d53359d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-310579

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