Financing ·
On August 31, 2026, Spire Inc. entered into a Delayed Draw Term Loan Agreement providing for aggregate $400 million of…
SRSpire Inc
On August 31, 2026, Spire Inc. entered into a Delayed Draw Term Loan Agreement providing for aggregate $400 million of delayed draw senior unsecured term loan commitments. The facility allows up to four borrowings during an availability period ending December 31, 2026 or upon full utilization. Proceeds are designated for general corporate purposes. Interest accrues at a base rate or Adjusted Term SOFR plus 0.80% per annum. The facility matures 364 days after the effective date and requires maintaining a consolidated capitalization ratio of not more than 70%. Spire Inc. operates in the energy infrastructure sector, providing natural gas distribution and storage services.