secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Natural Holding Co (NWN)
CIK:        0001733998
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0001733998-25-000002
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

NW Natural Holdings borrows $50M senior unsecured term loan due April 2026
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- $50M term loan borrowed Jan 6, 2025, due April 6, 2026; proceeds for working capital and general corporate purposes.
- Interest at SOFR plus 0.10% adjustment plus 0.90% margin, or Alternate Base Rate (0.00% margin).
- Covenant: consolidated indebtedness ≤ 70% of total capitalization; company in compliance at closing.
- No guarantee from subsidiary NW Natural; prepayment allowed without penalty (except customary breakage).
- U.S. Bank National Association acts as administrative agent under the Term Loan Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1733998/000173399825000002/0001733998-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1733998/000173399825000002/nwn-20250106.htm
  HTML page:      https://secwatch.observer/filing/0001733998-25-000002

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