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Spire enters USD 400 million delayed-draw term loan agreement led by Mizuho Bank
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Spire enters USD 400 million delayed-draw term loan agreement led by Mizuho Bank
  • Spire entered a delayed draw term loan agreement on Aug. 31, 2026 for USD 400 million of senior unsecured commitments.
  • Facility allows up to four borrowings through the earliest of full draw, the fourth borrowing, or Dec. 31, 2026.
  • Pricing set at base rate or adjusted term SOFR plus a 0.80% margin; maturity is 364 days from the effective date.
  • Proceeds earmarked for general corporate purposes; covenant requires a consolidated capitalization ratio of no more than 70% each quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spire Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-378491), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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