Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RGC RESOURCES INC amended revolving credit of $25,000,000 with Pinnacle Bank maturing March 31, 2025.
- Instrument
- revolving credit
- Principal
- $25,000,000
- Counterparty
- Pinnacle Bank
- Maturity
- March 31, 2025
- Event
- amendment
Exact text from the filing
and Loan Agreement ("Amendment") with Pinnacle Bank ("Pinnacle"). The Promissory Note was originally entered into with Pinnacle on March 24, 2023 in the principal amount of $25,000,000 (the “Revolving Note”) with a maturity date of March 31,2024. The Loan Agreement was originally dated September 24, 2021 with Pinnacle, and further amended and restated on March
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
RGC RESOURCES INC amended Amendment with Pinnacle Bank valued at $25,000,000 (effective 2024-03-31).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Pinnacle Bank
- Value
- $25,000,000
- Effective
- 2024-03-31
Exact text from the filing
On March 31, 2024, Roanoke Gas Company, the utility subsidiary of RGC Resources, Inc. (“Resources”), entered into an Amendment to the Promissory Note and Loan Agreement ("Amendment") with Pinnacle Bank ("Pinnacle").
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