Spire Inc. & Spire Missouri Inc. Co-Register Financial Obligation

TL;DR

**Spire Inc. and Spire Missouri Inc. just co-registered a new financial obligation, watch for details on its impact.**

AI Summary

Spire Inc. and its subsidiary, Spire Missouri Inc., filed an 8-K on January 3, 2024, to report the creation of a direct financial obligation. This filing indicates that Spire Missouri Inc. is now a co-registrant with Spire Inc. under the Securities Exchange Act of 1934, specifically for Commission File Number 1-1822. This matters to investors because it signals a potential change in how Spire Missouri Inc.'s financial obligations are structured and reported, which could impact the parent company's overall financial risk profile.

Why It Matters

This filing indicates a new financial obligation for Spire Missouri Inc., now co-registered with Spire Inc., which could affect the parent company's financial health and risk exposure.

Risk Assessment

Risk Level: medium — The filing indicates a new financial obligation without specifying its nature or amount, introducing uncertainty about its potential impact on the companies' financial stability.

Analyst Insight

Investors should monitor future filings from Spire Inc. and Spire Missouri Inc. for specific details regarding the nature and amount of the new direct financial obligation, as this information is crucial for assessing potential impacts on the companies' financial health and risk profile.

Key Numbers

• 1-16681 — Spire Inc. Commission File Number (Identifies Spire Inc.'s primary SEC registration.)
• 1-1822 — Spire Missouri Inc. Commission File Number (Identifies Spire Missouri Inc.'s primary SEC registration, now co-registered.)

Key Players & Entities

• Spire Inc. (company) — registrant and parent company
• Spire Missouri Inc. (company) — subsidiary and co-registrant
• January 3, 2024 (date) — date of earliest event reported
• 1-16681 (dollar_amount) — Commission File Number for Spire Inc.
• 1-1822 (dollar_amount) — Commission File Number for Spire Missouri Inc.

Forward-Looking Statements

• Future filings will provide more details on the nature and amount of the direct financial obligation. (Spire Inc., Spire Missouri Inc.) — high confidence, target: Q1 2024
• The co-registration of Spire Missouri Inc. may lead to increased scrutiny of its financial health by investors. (Spire Missouri Inc.) — medium confidence, target: Ongoing

FAQ

Key Financial Figures

• $1.00 —       Common Stock $1.00 par value   SR   New Y
• $25.00 — le Perpetual Preferred Stock, par value $25.00 per share   SR.PRA   N
• $200 million — reto. The Loan Agreement provides for a $200 million unsecured term loan, which was fully di

Filing Documents

• spre20231220_8k.htm (8-K) — 41KB
• ex_608905.htm (EX-10.1) — 637KB
• 0001437749-24-000389.txt ( ) — 958KB
• sr-20240103.xsd (EX-101.SCH) — 4KB
• sr-20240103_def.xml (EX-101.DEF) — 13KB
• sr-20240103_lab.xml (EX-101.LAB) — 18KB
• sr-20240103_pre.xml (EX-101.PRE) — 13KB
• spre20231220_8k_htm.xml (XML) — 6KB

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.   (d) Exhibits .   The following exhibits are filed as part of this report:     10.1 Loan Agreement, dated January 3, 2024, among Spire Missouri Inc., U.S. Bank National Association, as the administrative agent, and the lenders 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, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.           Spire Inc.   Date: January 3, 2024   By: /s/ Adam W. Woodard         Adam W. Woodard Vice President, Treasurer         Spire Missouri Inc.   Date: January 3, 2024   By: /s/ Adam W. Woodard         Adam W. Woodard Vice President, Chief Financial Officer and Treasurer    

View Full Filing

View this 8-K filing on SEC EDGAR