Material Agreement · New Debt / Obligation

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 29, 2022     AVISTA CORPORATION (Exact name of Registrant as Specified in Its Charter)     Washington 001-03701 91-0462470 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           1411 East Mission Avenue   Spokane , Washington   99202-2600 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 509 489-0500     (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   AVA   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐     Section 1 – Registrant's Business and Operations Item 1.01 Entry into a Material Definitive Agreement. On November 29, 2022, Avista Corporation (Avista Corp. or the Company) entered into a revolving Credit Agreement with Keybank National Association, as Lender and Administrative Agent, in an aggregate amount not to exceed $50 million with a maturity date of November 28, 2023. Loans under this agreement are unsecured and will have a variable annual interest rate determined by either the Secured Overnight Financing Rate or the Alternative Base Rate depending on the type of loan selected by Avista Corp. The Credit Agreement contains customary covenants and default provisions, including a covenant not to permit the ratio of “consolidated total debt” to “consolidated total capitalization” of Avista Corp. to be greater than 65 percent at any time. The borrowings under this agreement are expected to be used to provide additional liquidity and for general corporate purposes. Section 2 - Financial Information Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. See description of Avista Corp.'s $50 million revolving Credit Agreement having a variable interest rate maturing on November 28, 2023 under Item 1.01.   Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits. (d) Exhibits 10.1 Credit Agreement, dated as of November 29, 2022, among Avista Corporation and Keybank National Association, as Lender and Administrative Agent. 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101.)     SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       AVISTA CORPORATION         Date: November 30, 2022 By: /s/ Mark T. Thies       Mark T. Thies Executive Vice President, Chief Financial Officer, and Treasurer