{"url_path":"/sec/evrg/8-k/2026-07-01/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/1711269/0001193125-26-292565-index.html","accession_number":"0001193125-26-292565","cik":"0001711269","ticker":"EVRG","issuer_name":"Evergy, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1711269/0001193125-26-292565-index.html","primary_entity_key":"0001711269","primary_entity_name":"Evergy, Inc."},"word_count":425,"has_tables":true,"body_markdown":"Item 1.01\n\nEntry into a Material Definitive Agreement\n\nOn June 30, 2026, Evergy, Evergy Missouri West, Inc., a subsidiary of Evergy (“Evergy Missouri West”), Evergy Metro and Evergy Kansas Central (each a “Borrower” and collectively, the “Borrowers”) entered into a Credit Agreement (the “Credit Facility”) with the several lenders referred to therein, Wells Fargo Bank, National Association, as Administrative Agent, Swingline Lender and Issuing Lender, and the other issuing lenders and agents party thereto. The Credit Facility includes a master revolving credit facility and provides for maximum borrowings of up to $3.5 billion in the aggregate outstanding at any time, including the issuance of letters of credit and swingline loans up to maximum aggregate amounts of $200 million and $250 million, respectively, outstanding at any time. So long as there is no default or unmatured default under the Credit Facility, the Borrowers may elect to increase the commitments under the Credit Facility by up to an additional aggregate principal amount of $1 billion by increasing the commitment of one or more lenders who have agreed to such increase.\n\nThe Credit Facility matures on June 30, 2031. So long as there is no default or unmatured default under the Credit Facility and subject to the accuracy of the representations and warranties in the Credit Facility as of the applicable extension date, the Borrowers may elect to extend the Credit Facility on up to two occasions for additional\none-year\nterms on each such extension date, subject to lender participation.\n\nThe Credit Facility also contains customary affirmative and negative covenants, including one that sets the ratio of maximum allowed total indebtedness to total capitalization at (i) 0.65 to 1.0, for Evergy Kansas Central, Evergy Metro and Evergy Missouri West, and (ii) at 0.675 to 1.0, for Evergy.\n\nThe lenders that are party to the Credit Facility or their affiliates have in the past performed, currently perform and may in the future from time to time perform, investment banking, financial advisory, lending and/or commercial banking services for Evergy, Evergy Kansas Central, Evergy Metro, Evergy Missouri West and certain of their respective subsidiaries and affiliates, for which service they have in the past received, currently receive and may in the future receive, customary compensation and reimbursement of expenses.\n\nThe description above is only a summary of the material provisions of the Credit Facility and does not purport to be complete and is qualified in its entirety by reference to the provisions in such Credit Facility, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference."}