Global Water Resources secures $15M term loan from CoBANK at 5.49% fixed, maturing 2035

Global Water Resources, Inc.

$15M term loan with fixed rate 5.49% p.a., interest payable semi-annually starting June 15, 2026.
Maturity date December 10, 2035; prepayment subject to change-of-control provisions.
Loan secured by pledges of equity interests in all direct/indirect subsidiaries and guaranteed by Global Water, LLC, West Maricopa Combine, and Global Water Holdings.
Covenants include a debt service coverage ratio and dividend restriction below 1.25:1.00 coverage.
Proceeds intended for general corporate purposes; customary defaults and remedies apply.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Global Water Resources, Inc. incurred term loan of aggregate principal amount of $15,000,000 with CoBANK, ACB at fixed rate of 5.49% per annum maturing December 10, 2035.

Instrument: term loan
Principal: aggregate principal amount of $15,000,000
Counterparty: CoBANK, ACB
Rate: fixed rate of 5.49% per annum
Maturity: December 10, 2035
Event: incurrence

Exact text from the filing

On December 10, 2025, Global Water Resources, Inc. (the “Company”) entered into a credit agreement (the “Credit Agreement”) with CoBANK, ACB, a federally-chartered instrumentality of the United States (“CoBANK”), and a related promissory note issued by the Company to CoBANK (the “Promissory Note” and together with the Credit Agreement, the “CoBANK Loan Agreements”), pursuant to which CoBANK provided the Company a term loan in the aggregate principal amount of $15,000,000 (the “Term Loan”) on the terms and subject to the conditions set forth in the CoBANK Loan Agreements.

View on SEC.gov

309 debt financings filed in the last 30 days. Browse all debt financings →

Global Water Resources, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-057444

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.