secwatch.observer — SEC 8-K summary
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Issuer:     Nuvera Communications, Inc. (NUVR)
CIK:        0000071557
Form:       8-K
Filed at:   2022-03-22T23:59:59+00:00
Accession:  0001513162-22-000027
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvera Communications increases revolving credit facility from $10M to $20M, matures June 30, 2022
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- Revolving loan commitment raised from $10 million to $20 million under amended CoBank agreement.
- Maturity date set at June 30, 2022; company expects to enter a new facility before then.
- All operating subsidiaries extended guarantees, security interests, and mortgages to cover the increased borrowing.
- Amendment includes LIBOR transition mechanism allowing CoBank to replace benchmark rates if discontinued.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71557/000151316222000027/0001513162-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71557/000151316222000027/nuvr-20220316.htm
  HTML page:      https://secwatch.observer/filing/0001513162-22-000027

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