NSPI has access to a syndicated revolving bank line of credit and a non-revolving term facility. NSPI also has an active commercial paper program for up to $800 million, of which the full amount outstanding is backed by the Company's opera...
AI summary NSPI has access to various credit facilities, including a syndicated revolving bank line of credit, a non-revolving term facility, and a commercial paper program. The commercial paper program is backed by the Company's operating credit facility, and as of December 31, 2025, the total credit facility, outstanding borrowings, and available capacity are outlined.
Credit Available millions of dollars Maturity Facility Utilized Capacity Revolving credit facility June 2029 $ 800 $ 578 $ 222 Non-revolving term facility May 2026 500 500 - NSPI has debt covenants associated with its credit facilities. Co...
AI summary NSPI has credit facilities with specific maturity dates and capacities. The company is in compliance with its debt covenants as of December 31, 2025, with a significant covenant listed.
Financing Activity On May 21, 2025, NSPI entered into a $500 million non-revolving facility which matures on May 21, 2026. The credit agreement contains customary representations and warranties, events of default and financial and other co...
AI summary NSPI entered into a $500 million non-revolving facility on May 21, 2025, which matures on May 21, 2026. The facility's interest rates are based on the Term CORRA or prime rate, plus a margin, and the proceeds are used for general corporate purposes.