secwatch.observer — SEC 8-K summary
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Issuer:     Sunrun Inc. (RUN)
CIK:        0001469367
Form:       8-K
Filed at:   2026-01-06T23:59:59+00:00
Accession:  0001193125-26-003449
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469367/000119312526003449/0001193125-26-003449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469367/000119312526003449/d43653d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-003449

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