On April 1, 2026, RGC Resources, Inc. announced that its utility subsidiary, Roanoke Gas Company, has entered into the Fourth Amendment to its Private Shelf Agreement with PGIM, Inc., formerly known as Prudential Investment Management, Inc. This amendment extends the borrowing provision under the original agreement, originally established on September 30, 2015, for an additional three years, now set to expire on March 31, 2029. The amendment maintains existing covenants, including a limitation on consolidated long-term indebtedness to no more than 65% of consolidated total capitalization and priority indebtedness not exceeding 15% of consolidated total assets. This extension is expected to provide Roanoke Gas Company with continued access to capital, enhancing its liquidity position and operational flexibility. The company has previously issued notes under this facility, and the extension allows for further borrowing under the same terms, which could positively impact its financial strategy moving forward.

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