AI English summary of an SEC filing — figures as filed
NiSource NINiSource entered into a Seventh Amended and Restated Revolving Credit Agreement on December 11, 2025 with a syndicate of lenders, with Barclays Bank PLC as Administrative Agent. The company said the agreement amended and restated in its entirety its Sixth Amended and Restated Revolving Credit Agreement dated February 18, 2022.
Key points
AI summaryNiSource entered into a Seventh Amended and Restated Revolving Credit Agreement on December 11, 2025 with a syndicate of lenders, with Barclays Bank PLC as Administrative Agent. The company said the agreement amended and restated in its entirety its Sixth Amended and Restated Revolving Credit Agreement dated February 18, 2022.
NiSource said the agreement increased the facility by $650 million to $2.5 billion and extended the termination date from February 18, 2027 to December 11, 2030.
The company said it increased the amount of the facility available for the issuance of standby letters of credit by $25 million to $175 million and increased certain dollar and materiality thresholds relating to permitted liens, cross-defaults and the definition of Material Subsidiary.
NiSource said it eliminated certain provisions providing for the establishment of specified key performance indicators with respect to certain environmental, social and governance targets that could have resulted in certain adjustments to the otherwise applied Applicable Rate, and otherwise substantially restated the representations and warranties, financial and other covenants and events of default.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Seventh Amended and Restated Revolving Credit Agreement Entered Into
NiSource entered into a Seventh Amended and Restated Revolving Credit Agreement on December 11, 2025 with a syndicate of lenders, with Barclays Bank PLC as Administrative Agent. The company said the agreement amended and restated in its entirety its Sixth Amended and Restated Revolving Credit Agreement dated February 18, 2022.
Source · Based on the filing body and exhibits
Facility Increased to $2.5 billion, Maturity Extended to December 11, 2030
NiSource said the agreement increased the facility by $650 million to $2.5 billion and extended the termination date from February 18, 2027 to December 11, 2030.
Source · Based on the filing body and exhibits
Standby Letter of Credit Facility and Materiality Thresholds Increased
The company said it increased the amount of the facility available for the issuance of standby letters of credit by $25 million to $175 million and increased certain dollar and materiality thresholds relating to permitted liens, cross-defaults and the definition of Material Subsidiary.
Source · Based on the filing body and exhibits
Environmental, Social and Governance Performance Adjustment Provision Eliminated
NiSource said it eliminated certain provisions providing for the establishment of specified key performance indicators with respect to certain environmental, social and governance targets that could have resulted in certain adjustments to the otherwise applied Applicable Rate, and otherwise substantially restated the representations and warranties, financial and other covenants and events of default.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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