AMERICAN STATES WATER COMPANY (NYSE:AWR) Files An 8-K Entry into a Material Definitive Agreement

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AMERICAN STATES WATER COMPANY (NYSE:AWR) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement

On March28, 2019, American States Water Company executed a Seventh Amendment to its Amended and Restated Credit Agreement dated as of June3, 2005 (the “Credit Agreement”) among American States Water Company, as Borrower, and Wells Fargo Bank, National Association, as Administrative Agent and Lender. The provisions of the Seventh Amendment are described in Item 1.01. The Amended and Restated Credit Agreement, as amended, is attached hereto as Exhibit10.1.

Item 1.01. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On March28, 2019, the Company entered into a Seventh Amendment to its Credit Agreement in order to increase the aggregate commitment of the Lender by an additional $50,000,000 to $200,000,000.

Section9- Financial Statements and Exhibits

Item 1.01. Financial Statements and Exhibits

The following document is filed as an Exhibitto this report:

AMERICAN STATES WATER CO Exhibit
EX-10.1 2 a19-7475_1ex10d1.htm EX-10.1 Exhibit 10.1     AMENDED AND RESTATED CREDIT AGREEMENT     Dated as of June 3,…
To view the full exhibit click here

About AMERICAN STATES WATER COMPANY (NYSE:AWR)

American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc. (ASUS), as well as various subsidiaries of ASUS. The Company’s segments include water, electric and contracted services. Within the segments, AWR has two principal business units, water and electric service utility operations, conducted through GSWC, and contracted services conducted through ASUS and its subsidiaries. GSWC is a public utility engaged principally in the purchase, production, distribution and sale of water in approximately 10 counties in the State of California. GSWC also distributes electricity in various San Bernardino County mountain communities in California through its Bear Valley Electric Service division. ASUS operates, maintains and performs construction activities, including renewal and replacement capital work, on water and/or wastewater systems at various United States military bases.