secwatch.observer — SEC 8-K summary
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Issuer:     NorthWestern Energy Group, Inc. (NWE)
CIK:        0001993004
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001993004-25-000174
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NorthWestern Energy upsizes term loan to $150M, adds Mizuho as lender
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- Amendment increased total commitment from $100M to $150M; Mizuho Bank added with $50M commitment.
- Full $150M borrowed; unsecured with variable SOFR plus margin interest rate.
- Loan matures April 10, 2026; proceeds used for general corporate purposes.
- Key covenant: consolidated debt to total capitalization ≤65%; cross-default triggers at $50M.
- U.S. Bank remains administrative agent; existing lender commitment unchanged at $100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1993004/000199300425000174/0001993004-25-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1993004/000199300425000174/nwe-20250929.htm
  HTML page:      https://secwatch.observer/filing/0001993004-25-000174

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