← PUGET ENERGY INC /WA

SECOND AMENDED AND RESTATED CREDIT AGREEMENT

Signed May 18, 2026

Committed
$1bn
Matures
n/a
TrancheSizeMaturesMargin
Revolving Credit Facility$1bnn/a100–175 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level Level ILevel I100 bps10 bps
Level Level IILevel II113 bps13 bps
Level Level IIILevel III125 bps18 bps
Level Level IVLevel IV150 bps23 bps
Level Level VLevel V175 bps28 bps

Lenders: Mizuho Bank, Ltd., JPMorgan Chase Bank, N.A., BofA Securities, Inc., Barclays Bank PLC, The Bank of Nova Scotia, CoBank, ACB, RBC Capital Markets, U.S. Bank National Association, MUFG Bank, Ltd., Wells Fargo Securities, LLC, Bank of America, N.A., Royal Bank of Canada

Tested otherHeadroom not yet measured0.65x
Permit the Leverage Ratio to be greater than 0.65 to 1.00 at any time.
Read the filing on sec.gov ↗

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