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Via Renewables (NASDAQ: VIASP) filed an 8-K reporting that on June 25, 2025 the company, Spark Holdco and certain subsidiaries amended their senior secured borrowing-base credit facility with Woodforest National Bank, increasing total borrowing capacity to $250 million.
The facility continues to be administered by Woodforest as agent, swing bank, swap bank and issuer. No other terms of the facility or of the 8.75% Series A preferred shares were changed. Management highlights the added liquidity for working capital, hedging and general corporate purposes; no financial statements accompanied the filing.
The upsized line strengthens short-term flexibility and signals lender confidence, but leverage and covenant impacts will depend on future drawdowns, which were not disclosed.