Business Context and Reporting Period
Company: Spire Inc. (and subsidiaries Spire Missouri Inc., Spire Alabama Inc., and Spire Tennessee Inc.)
Filing Type: Form 8-K (Current Report)
Date of Report: December 18, 2025
Event: Entry into a Material Definitive Agreement regarding corporate debt facilities.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, or liquidity metrics. The document focuses exclusively on the amendment of a credit facility.
- Debt Instrument: First Amendment to Second Amended and Restated Loan Agreement.
- Administrative Agent: Wells Fargo Bank, National Association.
- Original Agreement Date: October 11, 2024.
- Amendment Date: December 18, 2025.
Material Changes
The filing details two primary modifications to the existing Loan Agreement:
- Joinder of New Borrower: Spire Tennessee Inc. has joined the agreement as a Borrower, subject to the terms of the Loan Agreement.
- Maturity Extension: The Final Maturity Date of the facility has been extended from the original date to October 11, 2030.
Additionally, Spire, Spire Missouri, and Spire Alabama paid arrangement and extension fees as outlined in a Fee Letter dated December 4, 2025.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or specific risk factors beyond the standard disclosure of banking relationships. It notes that the Borrowers and their affiliates maintain customary banking relationships with the lenders for various financial services (e.g., commercial paper, cash management), which are not material individually or in the aggregate.
Investor Verification Checklist
- Verify the specific terms of the fee letter dated December 4, 2025, to understand the cost of the maturity extension.
- Review the full text of the First Amendment (Exhibit 10.1) for any changes to interest rates, covenants, or collateral requirements.
- Confirm the impact of Spire Tennessee's joinder on the consolidated debt load and leverage ratios.
- Check subsequent filings for any further amendments or defaults related to the extended maturity date of October 11, 2030.