Investor Presentaiton
Financing outlook and credit ratings
Debt maturities¹
(Millions)
Interest rate sensitivity
Estimated EPS impact of 50bps change across the curve²
$350
$35 3.21%
$300
$250
$200
$175
Remarketed
$150
$300
Floating
rate
Notes
$130
$100
$150
3.13%
3.54%
$50
$0
FY24
2024
2025
$0.00
$0.05 - $0.07
2026
$0.06 - $0.08
Credit ratings
Spire Inc.
Senior
Unsecured
Commercial
Paper
Spire
Missouri
Senior Secured
Spire
Alabama
Senior Unsecured
Moody's
Baa2
P-2
A1
A2*
■Spire
FY25
■Missouri
FY26
Alabama
S&P
BBB+
A-2
A
A-
Manageable debt maturities
Limited interest rate exposure
Solid and investment grade credit ratings
1FY24 excludes remarketing of $175M 0.75% senior notes.
2Includes effect of interest rate swaps and carried cost credits.
*Negative outlook.
17 Spire | Investor presentation December 2023
-View entire presentation