---
schema_version: "secwatch.filing_event.v1"
accession: "0001434728-23-000221"
form_type: "8-K"
ticker: "GWRS"
cik: "0001434728"
company_name: "Global Water Resources, Inc."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T13:51:05.358834+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Global Water Resources extends revolving credit facility maturity to July 2025, adds quarterly facility fee

## Summary
- Maturity extended from July 1, 2024 to July 1, 2025 under third amendment with Northern Trust.
- Quarterly facility fee of 0.35% on average daily unused amount under the $15M revolver introduced.
- Unpaid principal balance as of June 15, 2023 was $5.5M; maximum available is $15M.
- Amendment retroactively confirms interest based on Daily Simple SOFR-Based Rate since July 2022.

## SEC filing metadata
- accession: 0001434728-23-000221
- form_type: 8-K
- ticker: GWRS
- cik: 0001434728
- company_name: Global Water Resources, Inc.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000221/0001434728-23-000221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000221/gwrs-20230628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001434728-23-000221
- JSON: https://secwatch.observer/filing/0001434728-23-000221.json
- Plain text: https://secwatch.observer/filing/0001434728-23-000221.txt

## Key facts
- Debt Financings
  Global Water Resources, Inc. amended revolving credit of up to a maximum principal amount of $10.0 million with The Northern Trust Company maturing July 1, 2025.
  - Instrument: revolving credit
  - Principal: up to a maximum principal amount of $10.0 million
  - Counterparty: The Northern Trust Company
  - Maturity: July 1, 2025
  - Event: amendment
  source text: Agreement”) with The Northern Trust Company, an Illinois banking corporation (“Northern Trust”) , for a two-year revolving line of credit up to a maximum principal amount of $10.0 million. On April 30, 2021, the Company and Northern Trust entered into the first amendment to the Loan Agreement pursuant to which, among other things, the maturity date for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000221/0001434728-23-000221-index.htm
- Material Agreements
  Global Water Resources, Inc. entered into Third Modification Agreement with The Northern Trust Company valued at Extended maturity from July 1, 2024 to July 1, 2025 and added quarterly facility fee of 0.35% of ave (effective 2023-06-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: The Northern Trust Company
  - Value: Extended maturity from July 1, 2024 to July 1, 2025 and added quarterly facility fee of 0.35% of ave
  - Effective: 2023-06-28
  source text: On June 28, 2023 , the Company and Northern Trust entered into the third amendment to the Loan Agreement (the “Third Modification Agreement”) to further amend the terms and conditions set forth in the amended Loan Agreement to, among other things, (i) extend the scheduled maturity date from July 1, 2024 to July 1, 2025 and (ii) add a quarterly facility fee equal to 0.35% of the average daily unused amount of the revolving line of credit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000221/0001434728-23-000221-index.htm

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