Evergy signs $500 million unsecured term loan, repays $55 million prior facility
Evergy entered into a $500 million unsecured Term Loan Credit Agreement with Wells Fargo Bank on February 11, 2026, expiring February 10, 2027. The proceeds are expected to fund working capital, capital expenditures, permitted acquisitions and general corporate purposes, including repaying the $55 million Bank of America term loan that Evergy terminated the same day with no early termination penalties.
Key points
- New $500 million unsecured Term Loan Facility with Wells Fargo Bank, National Association, as administrative agent, expiring February 10, 2027
- Covenant sets maximum ratio of total indebtedness to total capitalization at 0.65 to 1.00 on a consolidated basis
- Prior $55 million term loan with Bank of America, dated January 7, 2026, terminated; it was due to expire January 6, 2027, with no early termination penalties
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.