NEW JERSEY RESOURCES CORP — Form 8-K
Filed October 28, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
On October 27, 2026, New Jersey Resources Corporation amended its $650M revolving credit facility, extending the maturity (Expiration Date) from the prior date to October 27, 2031 (five-year extension). The amendment involved PNC Bank as administrative agent and lenders including JPMorgan Chase, Wells Fargo, Mizuho Bank, Toronto-Dominion Bank, U.S. Bank, Bank of America, Morgan Stanley Bank, Huntington National Bank, First National Bank of Pennsylvania, and CoBank. No material changes to financial terms or covenants were specified in the filing.
Why this rating
Routine credit facility extension with no disclosed material term changes or new financing. Standard administrative refinancing for a $4.9B company.
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