secwatch.observer — SEC 8-K summary
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Issuer:     NorthWestern Energy Group, Inc. (NWE)
CIK:        0001993004
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001993004-24-000031
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NorthWestern Energy enters $100M term loan with U.S. Bank; due April 2025
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- Borrowed $100M under unsecured term loan with U.S. Bank National Association.
- Variable interest rate based on SOFR + 0.90% margin; due April 11, 2025.
- Proceeds for general corporate purposes; prepayable anytime but non-reborrowable.
- Financial covenant: consolidated debt to total capitalization ≤ 65%.
- Loan subject to cross-default on >$50M other debt and change of control provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1993004/000199300424000031/0001993004-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1993004/000199300424000031/nwe-20240412.htm
  HTML page:      https://secwatch.observer/filing/0001993004-24-000031

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