secwatch.observer — SEC 8-K summary
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Issuer:     RGC RESOURCES INC (RGCO)
CIK:        0001069533
Form:       8-K
Filed at:   2026-06-04T18:15:01+00:00
Accession:  0001437749-26-019526
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RGC Resources subsidiary enters $15M delayed-draw note, fixes rate at 5.13% via swap
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- Roanoke Gas Co. signed $15M unsecured delayed-draw promissory note with Pinnacle Bank on June 2, 2026.
- Note bears interest at Term SOFR + 100 bps; interest rate swap effectively fixes annual rate at 5.13%.
- Proceeds to be drawn by Aug 20, 2026 to repay a maturing note; principal due Aug 20, 2029.
- RGC Resources' existing guaranty and all other loan terms remain in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069533/000143774926019526/0001437749-26-019526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069533/000143774926019526/rgco20260603_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-019526

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