NorthWestern Energy unit signs $225 million secured term loan with Bank of America-led group

Bank of America Corp
NorthWestern Energy Group, Inc.

Bank of America Corp

BAC

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NorthWestern Energy Group, Inc.

NWE

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  • NorthWestern Energy Group’s utility subsidiary NW Corp entered a USD 225 million secured term loan on May 27, 2026.
  • Borrowed the full USD 225 million. Proceeds repaid part of its existing USD 425 million unsecured revolving credit facility.
  • Loan pricing floats on SOFR with a margin. Maturity set for Nov. 26, 2027. Prepayments allowed without reborrowing.
  • Facility secured by a USD 225 million first mortgage bond issued under NW Corp’s Montana first mortgage indenture.
  • Includes a consolidated debt-to-capitalization covenant capped at 65%. Cross-default trigger applies above USD 50 million.


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. Northwestern Energy Group 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: 0001993004-26-000044), on June 02, 2026, and is solely responsible for the information contained therein.

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