RGC RESOURCES INC (RGCO): debt financing — RGCO subsidiary extends $78M private shelf facility with Prudential through March 2029

RGC RESOURCES INC

Fourth Amendment extends borrowing period to March 31, 2029; aggregate note capacity increased to $78M.
Outstanding notes total $28M: 3.58% due 2027, 4.41% due 2031, 3.60% due 2029.
Covenants unchanged: consolidated long-term debt ≤65% of total capitalization; priority debt ≤15% of total assets.
Issuance fees waived for closings through March 31, 2027; $25,000 renewal fee paid.

Key facts

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 debt with PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”) maturing March 31, 2029.

Counterparty: PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”)
Maturity: March 31, 2029
Event: amendment

Exact text from the filing

On March 30, 2026, Roanoke Gas Company (“Roanoke”), the utility subsidiary of RGC Resources, Inc., entered into the Fourth Amendment to Private Shelf Agreement ("Amendment") with PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RGC RESOURCES INC amended Fourth Amendment to Private Shelf Agreement with PGIM, Inc., fka Prudential Investment Management, Inc. (effective 2026-03-30).

Action: amendment
Agreement: credit facility
Counterparty: PGIM, Inc., fka Prudential Investment Management, Inc.
Effective: 2026-03-30

Exact text from the filing

On March 30, 2026, Roanoke Gas Company (“Roanoke”), the utility subsidiary of RGC Resources, Inc., entered into the Fourth Amendment to Private Shelf Agreement ("Amendment") with PGIM, Inc., fka Prudential Investment Management, Inc., (“Prudential”).

View on SEC.gov

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RGC RESOURCES INC filing history →

Source: SEC EDGAR

accession 0001437749-26-010853

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