Financing ·
OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, entered into a second amended and restated…
OGEOge Energy Corp.
OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, entered into a second amended and restated credit agreement on June 12, 2026, providing for an unsecured five-year revolving credit facility of $650 million each. The facilities are scheduled to terminate on June 12, 2031, with the option to two one-year extensions. Interest rates for OGE Energy's facility is SOFR plus 0.80% to 1.475%, or an alternate base rate plus 0.0% to 0.475%. OG&E's facility interest rates are SOFR or an alternate base rate plus a margin of 0.69% to 1.275% or 0.0% to 0.275%. OGE Energy Corp. operates in the energy utility sector, providing electricity and gas services.