MGE Energy amends revolving credit facility, lifts MGE JPMorgan commitments to $210 million

Bitget2026/10/05 19:24

MGE Energy amended and restated revolving credit facilities, extending maturities to Oct. 1, 2031. Madison Gas and Electric upsized its JPMorgan-led revolving credit agreement to $210 million from $90 million. MGE Energy’s revolver capacity remains capped at $50 million, with an option to seek up to $25 million more. Madison Gas and Electric also renewed a separate U.S. Bank-led revolver with $40 million in commitments through Oct. 1, 2031. Facilities require a consolidated debt-to-capitalization ratio of no more than 65%; change of control triggers an event of default. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGE Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-414025), on October 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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