NJR amends credit agreement, raising revolving commitments to $650 million
New Jersey Resources entered into a third amendment to its credit agreement with PNC Bank, National Association, as administrative agent, on October 27, 2026. The amendment increases the senior unsecured revolving commitments from $575 million to $650 million and extends the maturity to October 27, 2031, and a separate NJNG amendment extends that subsidiary's $250 million facility to the same date.
Key points
- NJR revolving credit commitments increase from $575,000,000 to $650,000,000.
- NJR facility maturity extended to October 27, 2031.
- NJNG facility maturity extended from August 7, 2029 to October 27, 2031; commitments remain at $250,000,000.
- Amendments dated October 27, 2026, filed as Exhibits 10.1 and 10.2.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.