---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-003449"
form_type: "8-K"
ticker: "RUN"
cik: "0001469367"
company_name: "Sunrun Inc."
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:31:42.283342+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Sunrun amends credit facility: extends maturity to 2028, cuts commitments to $321M

## Summary
- Maturity extended from March 2027 to March 1, 2028 via Amendment No. 4 dated Dec 31, 2025.
- Commitments reduced to approximately $321.4M, equal to amount utilized before amendment.
- L/C sublimit increased from $100M to $150M; liquidity requirement rises to 20% of total utilized by Q4 2026.
- Maximum modified leverage ratio tightened from 5.50x to 5.00x; company was compliant as of Sep 30, 2025.
- Further commitment reductions not below $150M tied to principal prepayments from generated cash.

## SEC filing metadata
- accession: 0001193125-26-003449
- form_type: 8-K
- ticker: RUN
- cik: 0001469367
- company_name: Sunrun Inc.
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469367/000119312526003449/0001193125-26-003449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469367/000119312526003449/d43653d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-003449
- JSON: https://secwatch.observer/filing/0001193125-26-003449.json
- Plain text: https://secwatch.observer/filing/0001193125-26-003449.txt

## Key facts
- Debt Financings
  Sunrun Inc. amended credit facility of approximately $321,394,000 with KeyBank National Association maturing March 1, 2028.
  - Instrument: credit facility
  - Principal: approximately $321,394,000
  - Counterparty: KeyBank National Association
  - Maturity: March 1, 2028
  - Event: amendment
  source text: extend the stated maturity date from March 1, 2027 to March 1, 2028, (b) reduce the commitments to approximately $321,394,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469367/000119312526003449/0001193125-26-003449-index.htm
- Material Agreements
  Sunrun Inc. amended Amendment No. 4 with KeyBank National Association, as administrative agent, and the other parties thereto valued at approximately $321,394,000 (effective 2025-12-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association, as administrative agent, and the other parties thereto
  - Value: approximately $321,394,000
  - Effective: 2025-12-31
  source text: On December 31, 2025, Sunrun Inc. (the “Company”) entered into Amendment No. 4 (“Amendment No. 4”) to that certain Credit Agreement, dated as of January 24, 2022 (as amended by Amendment No. 4, the “Credit Agreement”), by and among the Company, KeyBank National Association, as administrative agent, and the other parties thereto, to, among other things, (a) extend the stated maturity date from March 1, 2027 to March 1, 2028, (b) reduce the commitments to approximately $321,394,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469367/000119312526003449/0001193125-26-003449-index.htm

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