HA Sustainable Infrastructure Capital Enters Material Agreement
Ticker: HASI · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1561894
| Field | Detail |
|---|---|
| Company | Ha Sustainable Infrastructure Capital, Inc. (HASI) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1.250 b |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
HA Sustainable Infrastructure Capital just signed a big deal, creating new financial obligations.
AI Summary
On September 10, 2024, HA Sustainable Infrastructure Capital, Inc. entered into a material definitive agreement. This agreement involves the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing also includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new financial commitment or arrangement for HA Sustainable Infrastructure Capital, Inc., which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into new material definitive agreements and financial obligations can introduce new risks related to performance, financing, and market conditions.
Key Players & Entities
- HA Sustainable Infrastructure Capital, Inc. (company) — Registrant
- September 10, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by HA Sustainable Infrastructure Capital, Inc.?
The filing states that the agreement involves the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 10, 2024.
What is the company's former name?
The company's former name was Hannon Armstrong Sustainable Infrastructure Capital, Inc.
In which state was HA Sustainable Infrastructure Capital, Inc. incorporated?
The company was incorporated in Delaware.
What is the primary business address of HA Sustainable Infrastructure Capital, Inc.?
The primary business address is One Park Place, Suite 200, Annapolis, Maryland 21401.
Filing Stats: 896 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2024-09-13 16:40:31
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share HASI New York S
- $1.250 b — as of April 12, 2024, for the Company's $1.250 billion, 4-year unsecured CarbonCount -ba
Filing Documents
- d888202d8k.htm (8-K) — 29KB
- d888202dex12.htm (EX-1.2) — 1097KB
- g888202g0912195555700.jpg (GRAPHIC) — 2KB
- 0001193125-24-218922.txt ( ) — 1472KB
- hasi-20240910.xsd (EX-101.SCH) — 3KB
- hasi-20240910_lab.xml (EX-101.LAB) — 18KB
- hasi-20240910_pre.xml (EX-101.PRE) — 11KB
- d888202d8k_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 (incorporated by reference to Exhibit 1.1 to the Company's Form 8-K (No.001-35877), filed on April 17, 2024). 1.2 Amendment No. 1 to Credit Agreement, dated as of September 10, 2024, by and among the Company, certain subsidiaries of the Company, JPMorgan Chase Bank, N.A. as administrative agent, sole bookrunner, sustainability structuring agent and lender, 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 and lenders, and Bank of America, N.A., Barclays Bank PLC and Goldman Sachs Bank USA as documentation agents and lenders. 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. HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC. Dated: September 13 2024 By: /s/ Steven L. Chuslo Steven L. Chuslo Executive Vice President and Chief Legal Officer - 3 -