Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
On January 5, 2023, Spire Missouri Inc. (the "Company") entered into a loan
agreement (the "Loan Agreement") among the Company, U.S. Bank National
Association, as administrative agent, and the lenders party thereto. The Loan
Agreement provides for a $250 million unsecured term loan, which was fully
disbursed on January 5, 2023. The term loan matures on October 5, 2023. Interest
accrues on the term loan at either, as selected by the Company, a base rate or
an adjusted forward-looking secured overnight financing rate ("SOFR"). Adjusted
SOFR is based on one- or three-month term SOFR, as selected by the Company, plus
a SOFR adjustment of 0.10% per annum plus a margin of 0.80% per annum. The Loan
Agreement contains customary representations, covenants and events of defaults.
The proceeds of the term loan may be used for working capital and general
corporate purposes. The foregoing summary of the Loan Agreement is not complete
and is qualified in its entirety by reference to the full text of the Loan
Agreement, which is attached hereto as Exhibit 10.1 and incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed as part of this report:
10.1 Loan Agreement, dated January 5, 2023, among Spire Missouri Inc., U.S.
Bank National Association, as the administrative agent, and the lenders
party thereto
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