← PUGET ENERGY INC /WA

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Signed May 18, 2026

Committed
$800m
Matures
n/a
TrancheSizeMaturesMargin
Revolving Credit Facility$800mn/a125–250 bps

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

LevelConditionMarginUnused fee
Level Level ILevel I125 bps18 bps
Level Level IILevel II150 bps23 bps
Level Level IIILevel III175 bps28 bps
Level Level IVLevel IV200 bps35 bps
Level Level VLevel V250 bps45 bps

§1.01

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

Tested otherHeadroom not yet measured0.68x
Permit the Leverage Ratio to be greater than 0.675 to 1.00 at any time.
Read the filing on sec.gov ↗

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