RGC Resources Unit Extends Pinnacle Bank Revolving Loan Maturity to March 2029
Bitget2026/11/02 20:30- RGC Resources’ subsidiary Roanoke Gas amended its Pinnacle Bank Revolving Note on October 29, 2026, extending maturity to March 31, 2029.
- The amended Loan Agreement caps borrowing at $50 million from October 29, 2026, through September 30, 2027.
- The limit falls to $30 million from October 1, 2027, through March 31, 2028.
- Borrowing capacity drops to $20 million from April 1, 2028, through September 30, 2028.
- The cap returns to $30 million from October 1, 2028, through March 31, 2029.
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