Spire enters $1.5B revolving credit facility, replacing prior agreement

SPIRE INC

Aggregate commitment $1.5B; sublimits: Spire $525M, Spire Missouri $700M, Spire Alabama $275M.
Borrowers may request up to $500M increase (total $2B); includes $40M LC subfacility and $125M swingline.
Interest based on adjusted term SOFR or base rate plus margins from 0.875%-1.5% (SOFR) or 0%-0.5% (base rate), depending on debt ratings.
Financial covenant limits consolidated debt to 70% of consolidated capitalization for each borrower.
Revolving loans to Spire Missouri and Spire Alabama mature within 364 days; facility replaces July 2022 agreement.

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