DPL LLC Files 8-K on Material Agreement & Financial Obligation
| Field | Detail |
|---|---|
| Company | Dayton Power & Light Co |
| Form Type | 8-K |
| Filed Date | Aug 19, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $375 million, $150 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
DPL LLC just signed a big deal and took on debt, filing an 8-K to spill the beans.
AI Summary
On August 19, 2025, DPL LLC, formerly known as DPL Inc., filed an 8-K to report the entry into a material definitive agreement and the creation of a direct financial obligation. The filing details financial statements and exhibits related to these events.
Why It Matters
This filing indicates significant financial commitments or agreements by DPL LLC, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing concerns material definitive agreements and financial obligations, which inherently carry financial risk.
Key Numbers
- 4931 — SIC Code (Standard Industrial Classification for Electric & Other Services Combined.)
Key Players & Entities
- DPL LLC (company) — Filer of the 8-K, formerly DPL Inc.
- DAYTON POWER & LIGHT CO (company) — Related entity with a separate Central Index Key.
- 0000787250 (company) — Central Index Key for DPL LLC
- 0000027430 (company) — Central Index Key for DAYTON POWER & LIGHT CO
- 19920703 (date) — Date of name change for DPL Inc. to DPL LLC.
- 20250819 (date) — Filing date and period of report.
FAQ
What is the nature of the material definitive agreement entered into by DPL LLC?
The filing indicates the entry into a material definitive agreement but does not specify its nature in the provided text.
What is the direct financial obligation created by DPL LLC?
The filing confirms the creation of a direct financial obligation but does not detail the specific obligation or its amount in the provided text.
When was DPL LLC formerly known as DPL Inc.?
DPL LLC was formerly known as DPL Inc. prior to a name change on July 3, 1992.
What is the primary business of DPL LLC and DAYTON POWER & LIGHT CO?
Both DPL LLC and DAYTON POWER & LIGHT CO are classified under the Standard Industrial Classification code 4931 for Electric & Other Services Combined.
What items are being reported in this 8-K filing?
This 8-K filing reports on the entry into a material definitive agreement, the creation of a direct financial obligation, and includes financial statements and exhibits.
Filing Stats: 875 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2025-08-19 16:30:12
Key Financial Figures
- $375 million — pleted its previously announced sale of $375 million aggregate principal amount of 4.550% Fi
- $150 million — to repay amounts outstanding under its $150 million term loan agreement and revolving credi
Filing Documents
- dp233196_8k.htm (8-K) — 41KB
- dp233196_ex0401.htm (EX-4.1) — 310KB
- image_001.jpg (GRAPHIC) — 5KB
- 0000950103-25-010464.txt ( ) — 624KB
- dpl-20250819.xsd (EX-101.SCH) — 3KB
- dpl-20250819_def.xml (EX-101.DEF) — 26KB
- dpl-20250819_lab.xml (EX-101.LAB) — 35KB
- dpl-20250819_pre.xml (EX-101.PRE) — 24KB
- dp233196_8k_htm.xml (XML) — 6KB
01 Entry into a Material Definitive
Item 1.01 Entry into a Material Definitive Agreement. On August 19, 2025, The Dayton Power and Light Company, the principal subsidiary of DPL LLC and a subsidiary of The AES Corporation and which does business as AES Ohio, completed its previously announced sale of $375 million aggregate principal amount of 4.550% First Mortgage Bonds due 2030 (the "Bonds"), pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The Bonds were issued pursuant to the First and Refunding Mortgage dated as of October 1, 1935 between AES Ohio and The Bank of New York Mellon Trust Company, N.A., as successor in interest to the Irving Trust Company, as trustee (the "Trustee"), as heretofore amended and supplemented, and as further amended and supplemented by the Fifty-Sixth Supplemental Indenture dated as of August 19, 2025 (the "Supplemental Indenture") between AES Ohio and the Trustee. The Bonds are secured by the lien of the mortgage which constitutes a valid, direct first mortgage lien upon AES Ohio's interest in substantially all the property now owned by it and specifically described in the mortgage as subject to the lien of the mortgage which has not been released by the Trustee or otherwise retired pursuant to the terms of the mortgage, subject to certain exceptions. Payments of interest on the Bonds are payable on February 15 and August 15 of each year, commencing February 15, 2026. Principal on the Bonds is payable on the maturity date, which is August 15, 2030. AES Ohio intends to use the net proceeds from the Bonds to repay amounts outstanding under its $150 million term loan agreement and revolving credit agreement. Any remaining net proceeds will be used for general corporate purposes. The foregoing descriptions of the Bonds and the Supplemental Indenture do not purport to be complete and are qualified in their entirety by reference to the Supplemental Indenture, which is filed as Exhibit 4.1 hereto, and is incor
01 Financial Statements and
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit 4.1 Fifty-Sixth Supplemental Indenture between AES Ohio and The Bank of New York Mellon Trust Company, N.A., as Trustee, dated August 19, 2025, relating to the 4.550% First Mortgage Bonds due 2030 (including the form of Bond attached as an exhibit thereto) Exhibit 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. DPL LLC Date: August 19, 2025 By: /s/ Brian Hylander Name: Brian Hylander Title: Vice President, General Counsel and Secretary The Dayton Power and Light Company d/b/a AES Ohio Date: August 19, 2025 By: /s/ Brian Hylander Name: Brian Hylander Title: Vice President, General Counsel and Secretary