secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Natural Holding Co (NWN)
CIK:        0001733998
Form:       8-K
Filed at:   2025-03-18T23:59:59+00:00
Accession:  0001733998-25-000078
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NWN issues $325M junior subordinated debentures due 2055 at 7.0% initial coupon
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- Issued $325M principal of junior subordinated debentures due September 15, 2055.
- Initial rate 7.0% through September 15, 2035; thereafter Five-Year Treasury + 2.701%.
- Company may defer interest payments for up to ten consecutive years.
- Deferral of interest triggers restrictions on common stock dividends.
- Sale closed March 18, 2025; underwritten public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1733998/000173399825000078/0001733998-25-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1733998/000173399825000078/nwn-20250318.htm
  HTML page:      https://secwatch.observer/filing/0001733998-25-000078

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