Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
ORMAT TECHNOLOGIES, INC. incurred convertible notes of $1 billion aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 1.50% per year for Series A Notes; 0.00% for Series B Notes maturing March 15, 2031.
- Instrument
- convertible notes
- Principal
- $1 billion aggregate principal amount
- Counterparty
- U.S. Bank Trust Company, National Association, as trustee
- Rate
- 1.50% per year for Series A Notes; 0.00% for Series B Notes
- Maturity
- March 15, 2031
- Event
- incurrence
Exact text from the filing
On March 20, 2026, Ormat Technologies, Inc. (the "Company") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the "Series A Notes") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the "Series B Notes" and, together with the Series A Notes, the "Notes"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
ORMAT TECHNOLOGIES, INC. issued convertible note to initial purchasers for $1 billion aggregate principal amount.
- Security
- convertible note
- Purchaser
- initial purchasers
- Consideration
- $1 billion aggregate principal amount
Exact text from the filing
into a Material Definitive Agreement Convertible Notes Indentures On March 20, 2026, Ormat Technologies, Inc. (the “Company”) completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the “Series
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ORMAT TECHNOLOGIES, INC. entered into Series A Notes Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of convertible senior notes (effective 2026-03-20).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $1 billion aggregate principal amount of convertible senior notes
- Effective
- 2026-03-20
Exact text from the filing
On March 20, 2026, Ormat Technologies, Inc. (the "Company") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ORMAT TECHNOLOGIES, INC. entered into Series B Notes Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of convertible senior notes (effective 2026-03-20).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $1 billion aggregate principal amount of convertible senior notes
- Effective
- 2026-03-20
Exact text from the filing
The Series B Notes were issued pursuant to an indenture, dated March 20, 2026 (the "Series B Notes Indenture" and, together with the Series A Indenture, the "Indentures"), between the Company and the Trustee.
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