secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001628280-22-032185
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Golden State Water issues $130M of unsecured private placement notes at 5.12%-5.22%
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- Series A $100M at 5.12% due Jan 31, 2033; Series B $30M at 5.22% due Jan 31, 2038.
- Proceeds to pay down short-term borrowings and fund operations and capital expenditures.
- Notes are unsecured, rank equally with unsubordinated debt; make-whole redemption with 50 bps premium.
- Covenants limit total indebtedness/capitalization ratio to 0.6667:1, debt/EBITDA to 8:1.
- GSWC is a wholly owned subsidiary of American States Water Company (NYSE: AWR).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828022032185/0001628280-22-032185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92116/000162828022032185/awr-20221215.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-032185

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