OGE Energy signs new USD 650 million revolving credit agreement led by Wells Fargo

OGE Energy Corp.

OGE Energy Corp.

OGE

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  • OGE Energy entered a second amended and restated credit agreement dated June 12, 2026 with a bank group led by Wells Fargo.
  • Revolving credit facility set at USD 650 million at closing, with an option to increase the aggregate commitment to USD 800 million.
  • Maturity set for June 12, 2031, with up to two one-year extensions available.
  • Facility includes a USD 100 million letter-of-credit sublimit, with swingline loans capped at USD 60 million.
  • Covenant limits leverage ratio to 0.70x consolidated indebtedness to consolidated capitalization, tested quarterly.


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