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 incurred loan of $15,000,000 with Pinnacle Bank at Term SOFR plus 100 basis points maturing August 20, 2029.
- Instrument
- loan
- Principal
- $15,000,000
- Counterparty
- Pinnacle Bank
- Rate
- Term SOFR plus 100 basis points
- Maturity
- August 20, 2029
- Event
- incurrence
Exact text from the filing
On June 2, 2026, Roanoke Gas Company ("Roanoke"), the utility subsidiary of RGC Resources, Inc. ("Resources"), entered into an unsecured delayed-draw Promissory Note in the principal amount of $15,000,000 ("Note") through a Fourth Amendment to the Loan Agreement ("Loan Agreement") with Pinnacle Bank ("Pinnacle") originally entered on March 24, 2023 and further amended on March 31, 2024, March 31, 2025 and March 17, 2026.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
RGC RESOURCES INC entered into Note with Pinnacle Bank valued at $15,000,000 (effective 2026-06-02).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Pinnacle Bank
- Value
- $15,000,000
- Effective
- 2026-06-02
Exact text from the filing
On June 2, 2026, Roanoke Gas Company (“Roanoke”), the utility subsidiary of RGC Resources, Inc. (“Resources”), entered into an unsecured delayed-draw Promissory Note in the principal amount of $15,000,000 (“Note”) through a Fourth Amendment to the Loan Agreement ("Loan Agreement") with Pinnacle Bank (“Pinnacle”) originally entered on March 24, 2023 and further amended on March 31, 2024, March 31, 2025 and March 17, 2026.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.8
RGC RESOURCES INC amended Loan Agreement with Pinnacle Bank (effective 2026-06-02).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Pinnacle Bank
- Effective
- 2026-06-02
Exact text from the filing
On June 2, 2026, Roanoke Gas Company (“Roanoke”), the utility subsidiary of RGC Resources, Inc. (“Resources”), entered into an unsecured delayed-draw Promissory Note in the principal amount of $15,000,000 (“Note”) through a Fourth Amendment to the Loan Agreement ("Loan Agreement") with Pinnacle Bank (“Pinnacle”) originally entered on March 24, 2023 and further amended on March 31, 2024, March 31, 2025 and March 17, 2026.
View on SEC.gov