---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-414025"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2026-10-05T19:23:15+00:00"
generated_at: "2026-10-12T14:48:56.939753+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# MGE Energy extends credit facilities to Oct 1, 2031; MGE JPM revolver raised to $210M from $90M

## Summary
- MGEE and Madison Gas and Electric amended and restated credit agreements originally dated Nov 8, 2022, extending maturity to Oct 1, 2031, with up to two one-year extensions possible to Oct 1, 2033.
- MGE's JPMorgan Chase-administered revolver capacity rose to $210M from $90M; MGEE's facility remains $50M with a $25M accordion, and MGE's U.S. Bank revolver is $40M.
- Financial covenant: consolidated indebtedness to consolidated total capitalization may not exceed 65%, excluding variable interest entity assets, liabilities, revenues and expenses.
- Change of control default defined as MGEE failing to hold 100% of MGE voting equity, or one or more persons acting in concert acquiring 30%+ of MGEE voting power.
- JPMorgan Chase is administrative agent for MGEE and MGE; Bank of America and U.S. Bank are syndication agents, with U.S. Bank agent and Associated Bank syndication agent on MGE's $40M facility.

## SEC filing metadata
- accession: 0001193125-26-414025
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2026-10-05T19:23:15+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000119312526414025/0001193125-26-414025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61339/000119312526414025/mgee-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-414025
- JSON: https://secwatch.observer/filing/0001193125-26-414025.json
- Plain text: https://secwatch.observer/filing/0001193125-26-414025.txt

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