secwatch / observer
8-K filed January 4, 2024, 6:59 PM ET ticker GWRS CIK 0001434728
debt confidence high sentiment neutral materiality 0.50

Global Water Resources, Inc. (GWRS): debt financing — Global Water Resources issues $20M of 6.91% Senior Secured Notes due 2034

Global Water Resources, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Global Water Resources, Inc. incurred senior notes of $20,000,000 of 6.91% Senior Secured Notes with U.S. Bank Trust Company, National Association at 6.91% maturing January 3, 2034.

Instrument
senior notes
Principal
$20,000,000 of 6.91% Senior Secured Notes
Counterparty
U.S. Bank Trust Company, National Association
Rate
6.91%
Maturity
January 3, 2034
Event
incurrence
Exact text from the filing
2023, Global Water Resources, Inc. (the “Company”) entered into a note purchase agreement (the “Note Purchase Agreement”) for the issuance of an aggregate principal amount of $20,000,000 of 6.91% Senior Secured Notes due on January 3, 2034 (the “Notes”). Pursuant to the terms of the Note Purchase Agreement, the Company issued the Notes on January 3, 2024. In
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Global Water Resources, Inc. entered into Pledge and Security Agreements with U.S. Bank Trust Company, National Association (effective 2024-01-03).

Action
entry
Agreement
credit facility
Counterparty
U.S. Bank Trust Company, National Association
Effective
2024-01-03
Exact text from the filing
on January 3, 2024, the Company and each Guarantor entered into a pledge and security agreement with U.S. Bank Trust Company, National Association, as collateral agent for the holder of the Notes, relating to the collateral securing the Notes (collectively, the "Pledge and Security Agreements").
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283 debt financings filed in the last 30 days. Browse all debt financings →

Global Water Resources, Inc. filing history →

Source: SEC EDGAR
accession 0001434728-24-000026
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