Tri-State enters $650M credit facility, extends maturity to 2031; director change

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

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.

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

This filing

On April 21, 2026, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) entered into a second amended and restated secured revolving credit facility with eight lenders, including National Rural Utilities Cooperative Finance Corporation (“CFC”), as sole arranger and administrative agent, in the amount of $650 million (“2026 Credit Agreement”), inclusive of swingline loan and letter of credit sublimits of $150 million each.

Comparable filing

The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)