secwatch.observer — SEC 8-K summary
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Issuer:     Tri-State Generation & Transmission Association, Inc. (—)
CIK:        0001637880
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001637880-26-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tri-State enters $650M credit facility, extends maturity to 2031; director change
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- New $650M secured revolving credit agreement replaces prior $520M facility; maturity April 21, 2031.
- Interest at Term SOFR +1.25% or alternate base rate +0.25% (margin based on credit ratings).
- Proceeds for working capital, capex, letters of credit, and commercial paper backup.
- Kelly Sheridan appointed to Board effective May 1, 2026, replacing Ronald Hilkey (White River Electric).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637880/000163788026000019/0001637880-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637880/000163788026000019/tris-20260417.htm
  HTML page:      https://secwatch.observer/filing/0001637880-26-000019

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