Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Spire (SR)

Spire enters up to $825 million private note deal via subsidiary, due 2029-2038

Neutral Impact 3 of 5 financing Written later

Spire Tennessee, a wholly owned subsidiary of Spire Inc., agreed on December 17, 2025 to sell up to $825 million of Series 2026 Senior Notes in a private placement. Closing can occur any time after an Acquisition Condition is satisfied and on or before June 30, 2026, and the interest rate on each tranche rises the later the closing occurs.

Key points

  • Five tranches totaling $825 million, maturing April 1, 2029 through April 1, 2038
  • Rates for closings on or before March 31, 2026 range from 4.59% (Tranche A) to 5.44% (Tranche E)
  • Rates increase 2 to 6 basis points for later closings, up to June 30, 2026 outside date
  • Notes are senior unsecured, issued at par; proceeds follow the Investor Presentation's Use of Proceeds

The filing

CompanySpire (SR)
Form8-K, current report
Filed with the SECDec 17, 2025, 1:26 PM ET
Accession number0001193125-25-322260

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 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 17, 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.