Credit Facilities and Short-Term Debt (Tables)

6 Months Ended

Jun. 30, 2025

The following table presents information regarding the Registrants' revolving credit agreements at June 30, 2025.


Entity	Aggregate Commitment		Amount Outstanding (A)		Weighted-Average Interest Rate (F)			Expiration
	(In millions)
OGE Energy (B)	$	550.0	$	534.5		4.71	%	December 18, 2029
OGE Energy (C)		60.0		—		—	%	May 24, 2027
OG&E (D)(E)		550.0		0.4		1.20	%	December 18, 2029
Total	$	1,160.0	$	534.9		4.70	%

(A)

Includes direct borrowings under the revolving credit agreements, commercial paper borrowings and letters of credit at June 30, 2025. Typically, OGE Energy issues commercial paper to address consolidated operational activity, and OG&E will borrow from OGE Energy under the intercompany borrowing agreement as discussed below in footnote (E).

(B)

This bank facility is available to back up OGE Energy's commercial paper borrowings and to provide revolving credit borrowings. This bank facility can also be used as a letter of credit facility.

(C)

OGE Energy has a $120.0 million floating rate unsecured three-year credit agreement, of which $60.0 million is considered a revolving loan, which is included in the table above, and $60.0 million is considered a term loan. The credit agreement, under certain circumstances, may be increased to a maximum commitment limit of $155.0 million and includes a maximum leverage ratio of 0.70 to 1.0. The other covenants under this credit agreement are substantially the same as OGE Energy's existing $550.0 million revolving credit agreement.

(D)

This bank facility is available to back up OG&E's commercial paper borrowings and to provide revolving credit borrowings. This bank facility can also be used as a letter of credit facility.

(E)

OG&E has an intercompany borrowing agreement with OGE Energy whereby OG&E has access to up to $450.0 million of OGE Energy's revolving credit amount. This agreement has a termination date of December 18, 2029. At June 30, 2025, there was $42.3 million in advances to parent, and there were no borrowings under the intercompany borrowing agreement.

(F)

Represents the weighted-average interest rate for the outstanding borrowings under the revolving credit agreements, commercial paper borrowings and letters of credit.