Fortis Inc. (FTS) Form 6-K — Jun 12, 2026
Fortis Inc. filed a 6-K report disclosing an amendment to its existing revolving term credit facility. The facility maintains a total capacity of $1.3 billion, with an accordion feature allowing for an additional $500 million in commitments if approved by lenders. The filing includes standard representations, warranties, and covenants, including a financial covenant limiting the Consolidated Debt to Consolidated Capitalization Ratio to 0.70:1.00.
Key figures
- Debt Amount
- 1300000000
- Facility type
- Revolving Term Credit Facility
- Judgment threshold
- 250000000
- Priority debt limit
- 20% of Consolidated Capitalization
- Accordion increase capacity
- 500000000
- Fortisbc debentures outstanding
- 3145000000
- Consolidated debt capitalization ratio limit
- 0.70:1.00
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.