Hannon Armstrong Files 8-K: Material Agreements and Obligations
Ticker: HASI · Form: 8-K · Filed: Jul 1, 2024 · CIK: 1561894
| Field | Detail |
|---|---|
| Company | Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $0.01, $700,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, security-holder-rights
Related Tickers: HAAN
TL;DR
HAAN entered new deals, terminated old ones, and took on new debt on July 1st.
AI Summary
On July 1, 2024, Hannon Armstrong Sustainable Infrastructure Capital, Inc. entered into a material definitive agreement and terminated another. The company also created a direct financial obligation and experienced material modifications to security holder rights. These events are detailed in their 8-K filing.
Why It Matters
This filing indicates significant changes in Hannon Armstrong's contractual and financial obligations, which could impact its financial structure and operations.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements, terminations, and new financial obligations, suggesting potential shifts in the company's financial health and strategic direction.
Key Players & Entities
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. (company) — Registrant
- July 1, 2024 (date) — Date of earliest event reported
FAQ
What specific material definitive agreements were entered into by Hannon Armstrong on July 1, 2024?
The filing indicates the entry into a material definitive agreement but does not specify the details of the agreement itself within the provided text.
Which material definitive agreement was terminated by Hannon Armstrong on July 1, 2024?
The filing states that a material definitive agreement was terminated, but the specific details of this agreement are not provided in the excerpt.
What type of direct financial obligation was created by Hannon Armstrong on July 1, 2024?
The filing confirms the creation of a direct financial obligation, but the nature and specifics of this obligation are not detailed in the provided text.
How were the rights of Hannon Armstrong's security holders materially modified?
The filing reports material modifications to the rights of security holders, but the exact nature of these modifications is not specified in the provided text.
What is Hannon Armstrong's state of incorporation and fiscal year end?
Hannon Armstrong Sustainable Infrastructure Capital, Inc. is incorporated in Maryland and its fiscal year ends on December 31.
Filing Stats: 2,477 words · 10 min read · ~8 pages · Grade level 14.6 · Accepted 2024-07-01 17:01:31
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share HASI New York S
- $700,000,000 — and corporation (the "Company"), issued $700,000,000 aggregate principal amount of 6.375% gr
Filing Documents
- d821263d8k.htm (8-K) — 52KB
- d821263dex41.htm (EX-4.1) — 546KB
- d821263dex42.htm (EX-4.2) — 11KB
- d821263dex101.htm (EX-10.1) — 113KB
- 0001193125-24-173410.txt ( ) — 995KB
- hasi-20240701.xsd (EX-101.SCH) — 3KB
- hasi-20240701_lab.xml (EX-101.LAB) — 18KB
- hasi-20240701_pre.xml (EX-101.PRE) — 11KB
- d821263d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits. Exhibit No. Description 4.1 Indenture, dated as of July 1, 2024 by and among Hannon Armstrong Sustainable Infrastructure Capital, Inc., as issuer, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (including the form of Hannon Armstrong Sustainable Infrastructure Capital, Inc.'s 6.375% Green Senior Unsecured Note due 2034). 4.2 First Amendment to Tax Benefits Preservation Plan, dated as of July 1, 2024, between Hannon Armstrong Sustainable Infrastructure Capital, Inc. and Equiniti Trust Company, LLC. 10.1 Registration Rights Agreement, dated as of July 1, 2024, by and among Hannon Armstrong Sustainable Infrastructure Capital, Inc. and the representatives of the Initial Purchasers party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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: July 1, 2024 By: /s/ Steven L. Chuslo Steven L. Chuslo Executive Vice President and Chief Legal Officer