Pinnacle West Capital Corp. entered into a third amended and restated five-year unsecured revolving credit facility on Feb. 18, 2026, providing up to $300 million of borrowing capacity through Feb. 18, 2031. The new facility replaces the company’s prior $200 million revolving credit facility that was set to mature in April 2028 and will be used for general corporate purposes, including as backup for commercial paper and for letters of credit. Barclays Bank PLC will serve as agent and an issuing bank, with PNC Bank and Wells Fargo as co-syndication agents and issuing banks, alongside several other participating banks.

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