DPL LLC 8-K

What Happened
DPL LLC (through The Dayton Power and Light Company, d/b/a AES Ohio) announced on March 19, 2026 that it entered into a First Amendment to its Third Amended and Restated Credit Agreement. The PNC First Amendment was executed on March 13, 2026 following AES’s March 2, 2026 announcement of an Agreement and Plan of Merger. The amendment modifies certain change-of-control provisions and explicitly permits direct or indirect ownership of AES by Global Infrastructure Management, LLC; EQT Fund Management S.à r.l.; Qatar Investment Authority; and affiliated investment vehicles.

Key Details

• Amendment date: March 13, 2026; Form 8-K filed March 19, 2026.
• Amends the Third Amended and Restated Credit Agreement dated March 25, 2025 (the “PNC Credit Agreement”).
• Parties: The Dayton Power and Light Company (d/b/a AES Ohio), lenders party to the credit agreement, and PNC Bank, N.A. as administrative agent.
• Main change: modifies change-of-control provisions to permit ownership of AES by the named infrastructure and sovereign investors; the First Amendment is filed as Exhibit 10.1.

Why It Matters
This amendment clears a potential financing or covenant hurdle tied to AES’s pending merger by securing lender consent around ownership changes. For investors, that reduces the risk that the credit facility would be triggered or accelerated by the transaction and helps ensure continuity of financing terms during the ownership transition. The filing does not report financial results or management changes.