---
schema_version: "secwatch.filing_event.v1"
accession: "0001606268-26-000029"
form_type: "8-K"
ticker: "VIASP"
cik: "0001606268"
company_name: "Via Renewables, Inc."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:06:39.537060+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Via Renewables enters $300M senior secured revolving credit facility, replaces prior agreement

## Summary
- New $300M revolving credit facility with Bank OZK as agent, matures May 6, 2029.
- Pricing: Base Rate + 1.75%-2.25% or Term SOFR + 2.75%-3.25%, based on leverage ratio.
- Covenants: minimum fixed charge coverage ratio 1.25x, maximum total leverage ratio 3.00x.
- Also entered $25M amended subordinated promissory note from Retailco, owned by CEO W. Keith Maxwell III.
- Prior credit agreement terminated; facility secured by substantially all assets of co-borrowers.

## SEC filing metadata
- accession: 0001606268-26-000029
- form_type: 8-K
- ticker: VIASP
- cik: 0001606268
- company_name: Via Renewables, Inc.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/spke-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606268-26-000029
- JSON: https://secwatch.observer/filing/0001606268-26-000029.json
- Plain text: https://secwatch.observer/filing/0001606268-26-000029.txt

## Source-grounded claims
- claim_id: 90c601c859910e0484bcba2147a01bd30b7fee1b
  claim: Via Renewables, Inc. incurred loan of up to $25.0 million with Retailco, LLC maturing November 6, 2029.
  evidence_excerpt: In connection with entering into the Credit Agreement, the Company entered into an amended and restated subordinated promissory note (Note No. 9) (the “Subordinated Debt Facility”) with Spark HoldCo and Retailco, LLC (“Retailco”). The Subordinated Debt Facility allows the Company to draw advances in increments of no less than $1.0 million per advance up to $25.0 million through November 6, 2029.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm
- claim_id: cdcaad5a61fc3b5dbb877311aadc1e16bb5d04de
  claim: Via Renewables, Inc. incurred credit facility of $300.0 million with Bank OZK at Base Rate plus an applicable margin of 1.75% to 2.25% or Term SOFR plus an appli maturing May 6, 2029.
  evidence_excerpt: acted as Joint Lead Arrangers. The Credit Agreement provides for a senior secured credit facility (the “Senior Credit Facility”), which allows the Co-Borrowers to borrow up to $300.0 million on a revolving basis. The Senior Credit Facility provides for working capital loans, loans to fund acquisitions, swingline loans and letters of credit. The Senior Credit Facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm
- claim_id: 09ea2b49ed4e0e099cab1615c6fa3e600c44a42f
  claim: Via Renewables, Inc. amended amended and restated subordinated promissory note (Note No. 9) with Retailco, LLC valued at up to $25.0 million.
  evidence_excerpt: In connection with entering into the Credit Agreement, the Company entered into an amended and restated subordinated promissory note (Note No. 9) (the “Subordinated Debt Facility”) with Spark HoldCo and Retailco, LLC (“Retailco”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm
- claim_id: b2d9d4f9d4a12f5ddbaf083c2efccac5ba229663
  claim: Via Renewables, Inc. entered into Credit Agreement with Bank OZK valued at up to $300.0 million (effective 2026-05-06).
  evidence_excerpt: On May 6, 2026, Via Renewables, Inc., a Delaware corporation (the “Company”), and Spark Holdco, LLC (“Spark Holdco”, and together with certain subsidiaries of the Company and Spark Holdco, the “Co-Borrowers”) entered into a Credit Agreement (the “Credit Agreement”), with Bank OZK, as administrative agent (the “Agent”), swing bank, swap bank, issuing bank, joint-lead arranger, sole bookrunner and syndication agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606268/000160626826000029/0001606268-26-000029-index.htm

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