secwatch.observer — SEC 8-K summary
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Issuer:     RGC RESOURCES INC (RGCO)
CIK:        0001069533
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001437749-25-010288
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roanoke Gas amended revolving note to $30M and signed new 3-year asset management deal with DTE
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- Amended Pinnacle Bank revolving note increased to $30M principal; rate Term SOFR +1.25% (from +1.10%); matures March 31, 2027.
- Unused fee rises to 0.25% per year; borrowing limits between $20M and $30M.
- New Natural Gas Asset Management Agreement with DTE Energy Trading effective April 1, 2025, replacing Sequent Energy Management for 3 years.
- DTE will manage Roanoke Gas's firm interstate pipeline transportation and storage assets; RGC Resources guarantee remains in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069533/000143774925010288/0001437749-25-010288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069533/000143774925010288/rgco20250331_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-010288

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