---
schema_version: "secwatch.filing_event.v1"
accession: "0001513162-24-000083"
form_type: "8-K"
ticker: "NUVR"
cik: "0000071557"
company_name: "Nuvera Communications, Inc."
filed_at: "2024-06-25T23:59:59+00:00"
generated_at: "2026-06-01T02:20:32.795134+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nuvera enters $180M credit facility with CoBank; repays prior debt

## Summary
- New $180M facility: $125M term loan, $25M delayed draw term loan, $30M revolving credit.
- Maturity June 21, 2029; proceeds used to retire the 2022 Credit Agreement.
- Dividends capped at $3M/yr if leverage ≤4.25x; unlimited if ≤3.50x; no dividend if covenant breached.
- Financial covenants: max leverage ratio 6.0x initially, minimum debt service coverage ratio 2.0x.
- Interest: Base Rate + 1.75%-3.00% or Term SOFR + 2.75%-4.00% based on leverage tier.

## SEC filing metadata
- accession: 0001513162-24-000083
- form_type: 8-K
- ticker: NUVR
- cik: 0000071557
- company_name: Nuvera Communications, Inc.
- filed_at: 2024-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71557/000151316224000083/0001513162-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71557/000151316224000083/nuvr-20240621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001513162-24-000083
- JSON: https://secwatch.observer/filing/0001513162-24-000083.json
- Plain text: https://secwatch.observer/filing/0001513162-24-000083.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.