ONE Gas raises commercial paper program to $1.50 billion from $1.35 billion
ONE Gas, Inc. increased the size of its unsecured commercial paper program on December 17, 2025, allowing notes of up to $1.50 billion outstanding at any time, up from $1.35 billion. The other program terms are unchanged from a 2014 filing, and the notes are not registered under the Securities Act.
Key points
- Program ceiling raised to $1.50 billion from $1.35 billion, effective December 17, 2025
- Other program terms, including the dealer agreement form, remain as described in the September 10, 2014 Form 8-K
- Commercial paper notes have not been registered under the Securities Act of 1933 and may not be offered or sold in the US without registration or an exemption
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits 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 19, 2025.
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.