MDU Resources extends $200 million revolving credit facility to December 11, 2030
MDU Resources Group entered into an amended and restated credit agreement with U.S. Bank and other lenders on December 11, 2025. The main change extends the maturity of the revolving commitments from May 31, 2028 to December 11, 2030, while keeping the $200 million initial commitment. The filing describes the terms as largely unchanged from the previous agreement, so the change mainly affects the timing of the company's borrowing capacity.
Key points
- Maturity extended from May 31, 2028 to December 11, 2030
- Initial commitment of $200 million, with a $25 million standby letter of credit facility and a $25 million swingline subfacility
- Commitment may be increased by up to $50 million at the company's request, subject to conditions
- Financial covenant: funded debt to total capitalization not greater than 65% at any fiscal quarter-end
The filing
Written by AI on Nov 8, 2026, 1:01 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 December 12, 2025.
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.