{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-028674","form_type":"8-K","ticker":"RGCO","cik":"0001069533","company_name":"RGC RESOURCES INC","filed_at":"2022-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.506952+00:00","generated_at":"2026-06-21T07:57:56.442465+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"RGC Resources subsidiary extends Prudential shelf facility to $78M through Dec 2025","bullets":["Borrowing capacity increased from $68M to $78M; shelf facility extended to December 6, 2025.","Outstanding notes total $28M as of amendment date; covenants unchanged (max 65% debt-to-capitalization).","Third Amendment signed Dec 6, 2022, between Roanoke Gas Co. and PGIM Inc. (Prudential).","Amendment maintains existing covenants including priority indebtedness cap at 15% of total assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-028674","json":"https://secwatch.observer/filing/0001437749-22-028674.json","markdown":"https://secwatch.observer/filing/0001437749-22-028674.md","text":"https://secwatch.observer/filing/0001437749-22-028674.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922028674/0001437749-22-028674-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922028674/rgco20221206_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T07:57:56.442465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"30c4f1738f4cc4ab8eee300cd837cf14378b3c10","claim":"RGC RESOURCES INC amended credit facility of $78,000,000 with PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”) maturing December 6, 2025.","evidence_excerpt":"On December 6, 2022, Roanoke Gas Company (“Roanoke”), the utility subsidiary of RGC Resources, Inc., entered into the Third Amendment to Private Shelf Agreement (\"Amendment\") with PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”). The Amendment modifies the original Private Shelf Facility Agreement (\"Shelf Agreement\") with Prudential dated as of September 30, 2015 and prior amendments between Roanoke and Prudential by extending the provision for borrowing under the Shelf Agreement for an additional three-year period through December 6, 2025, unless terminated by either party with a 30 day written notice. The Amendment also increases the aggregate amount available for borrowing to $78,000,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922028674/0001437749-22-028674-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$78,000,000"},{"label":"Counterparty","value":"PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”)"},{"label":"Maturity","value":"December 6, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"544a849f46477f9345c716c0a38d9e5492abd940","claim":"RGC RESOURCES INC amended Third Amendment to Private Shelf Agreement with PGIM, Inc. valued at $78,000,000 (effective 2022-12-06).","evidence_excerpt":"On December 6, 2022, Roanoke Gas Company (“Roanoke”), the utility subsidiary of RGC Resources, Inc., entered into the Third Amendment to Private Shelf Agreement (\"Amendment\") with PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069533/000143774922028674/0001437749-22-028674-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"PGIM, Inc."},{"label":"Value","value":"$78,000,000"},{"label":"Effective","value":"2022-12-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}