Atmos Energy Corp.
Atmos Energy Corporation Announces New Credit Agreements and Terminates Existing Facilities
Summary
Atmos Energy Corporation has entered into two new revolving credit agreements totaling $3 billion and terminated its existing $2.4 billion credit facilities. The new Three Year Credit Agreement provides a $1.5 billion facility, while the Five Year Credit Agreement offers an additional $1.5 billion. Both agreements include options for extensions and accordion features for potential increases in credit commitments. The termination of the existing facilities occurred without incurring early termination penalties.
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Exhibits (2)
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About Atmos Energy Corp.
Atmos Energy Corp. is a major regulated natural gas utility company in the United States. Its primary function is the distribution and sale of natural gas to residential, commercial, and industrial customers. Atmos Energy serves over three million customers in various states, prominently in Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Texas. The company plays a critical role in the energy sector by maintaining and upgrading infrastructure such as pipelines and storage systems to ensure reliable and safe delivery of natural gas. Atmos Energy is known for its focus on safety, operational excellence, and customer service. Additionally, it engages in the transmission, storage, and transportation of natural gas. In the broader market, Atmos Energy Corp. contributes significantly to energy supply stability and supports economic activities across multiple regions. Its regulated status offers stability and predictability, reinforcing its position as a key player in the utility sector.
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