RGC Resources extends Roanoke Gas revolving loan with Pinnacle Bank to March 2029
On October 29, 2026, Roanoke Gas Company, the utility subsidiary of RGC Resources, amended its revolving promissory note and loan agreement with Pinnacle Bank, extending the note's maturity to March 31, 2029. The amendment also changed the maximum tiered borrowing limits, which start at $50 million through September 30, 2027. All other terms, and the existing guaranty by RGC Resources, remain in effect.
Key points
- Revolving note maturity extended to March 31, 2029
- Borrowing limit of $50 million from October 29, 2026 through September 30, 2027, then $30 million from October 1, 2027 through March 31, 2028
- Limit of $20 million from April 1, 2028 through September 30, 2028, then $30 million from October 1, 2028 through March 31, 2029
- Guaranty by RGC Resources and other terms carried over unchanged; the loan has been amended several times since March 24, 2023
The filing
Written by AI on Nov 9, 2026, 8:28 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 November 02, 2026.
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