Hannon Armstrong Enters Material Definitive Agreement
Ticker: HASI · Form: 8-K · Filed: Apr 17, 2024 · CIK: 1561894
| Field | Detail |
|---|---|
| Company | Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) |
| Form Type | 8-K |
| Filed Date | Apr 17, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1.250 b, $915 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, exhibits
Related Tickers: HAAN
TL;DR
HAAN signed a new deal, expect financial obligations.
AI Summary
On April 12, 2024, Hannon Armstrong Sustainable Infrastructure Capital, Inc. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing includes financial statements and exhibits.
Why It Matters
This filing signals a significant new financial commitment or arrangement for Hannon Armstrong, potentially impacting its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and uncertainties.
Key Players & Entities
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. (company) — Registrant
- April 12, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Hannon Armstrong enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on April 12, 2024.
What is the nature of the financial obligation created?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but does not provide specific details.
Are the financial statements and exhibits included in this filing detailed?
The filing indicates that financial statements and exhibits are included, but their specific content and detail are not described in the provided text.
What is Hannon Armstrong's primary business sector?
Hannon Armstrong Sustainable Infrastructure Capital, Inc. is in the Real Estate Investment Trusts sector, SIC code 6798.
Where is Hannon Armstrong's principal executive office located?
Hannon Armstrong's principal executive offices are located at One Park Place, Suite 200, Annapolis, Maryland 21401.
Filing Stats: 938 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2024-04-17 17:16:55
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share HASI New York S
- $1.250 b — diaries as borrowers entered into a new $1.250 billion, 4-year unsecured revolving credi
- $915 million — reement replaces the Company's existing $915 million unsecured credit facility entered into
Filing Documents
- d827083d8k.htm (8-K) — 29KB
- d827083dex11.htm (EX-1.1) — 807KB
- g827083g0412002722300.jpg (GRAPHIC) — 2KB
- 0001193125-24-099242.txt ( ) — 1154KB
- hasi-20240412.xsd (EX-101.SCH) — 3KB
- hasi-20240412_lab.xml (EX-101.LAB) — 18KB
- hasi-20240412_pre.xml (EX-101.PRE) — 11KB
- d827083d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Credit Agreement, dated as of April 12, 2024, by and among the Company, certain subsidiaries of the Company, JPMorgan Chase Bank, N.A. as administrative agent, sole bookrunner and sustainability structuring agent, JPMorgan, Citibank, N.A., Credit Agricole Corporate and Investment Bank, Keybank National Association, M&T Bank, Mizuho Bank, Ltd., Morgan Stanley Senior Funding, Inc., Royal Bank of Canada, Sumitomo Mitsui Banking Corporation and Truist Securities, Inc. as joint lead arrangers, Bank of America, N.A., Barclays Bank PLC and Goldman Sachs Bank USA as documentation agents, and each lender from time to time party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). - 2 -
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL, INC. Dated: April 17, 2024 By: /s/ Steven L. Chuslo Steven L. Chuslo Executive Vice President and Chief Legal Officer - 3 -