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Otter Tail Power Company, a subsidiary of Otter Tail Corporation, entered into a Note Purchase Agreement on March 19, 2026, to issue $170 million aggregate principal of senior unsecured notes: $100 million 5.33% Series 2026A due 2036 (issued March 19, 2026) and $70 million 6.04% Series 2026B due 2056 (expected June 4, 2026). Proceeds will fund capital expenditures, refinance existing indebtedness, and general corporate purposes.
Event Type
Disclosure
Mandatory
Variant
8-K
of the material terms of the Note Purchase Agreement is qualified in its entirety by reference to the full text of the Note Purchase Agreement, a copy of which
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information contained in Item 1.01 above r
Financial Statements and Exhibits (d) Exhibits 10.1 Note Purchase Agreement dated as of March 19, 2026, between Otter Tail Power Company and the Purchasers name
Material Agreement
Debt / Financing