HASI refinances $2.7B in credit facilities, cutting interest costs and extending maturities

Filed July 20, 2026 · Period ending July 14, 2026 · ~1 min read

Key Changes

• high

  Entered $2.25B 5-year revolving credit facility, replacing prior $1.825B facility; increases capacity by $425M and extends maturity from April 2028 to July 2031 with current spread of 157.5 bps over SOFR (down from 167.5 bps).

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Refinanced $500M in term loans into new $400M 3-year facility at SOFR+1.45%, a 33 basis point reduction from weighted average spreads of 1.925% and 1.65% on terminated facilities; reduces total term loan capacity by $100M.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  Terminated prior credit agreement with no outstanding loans; all obligations paid and existing letters of credit transferred to new facility.

  Item 1.02 — Termination of a Material Definitive Agreement verify on EDGAR →