# EDGAR Filing Document

**Accession Number:** 0001967097
**File Stem:** 0001967097-25-000008
**Filing Date:** 2025-9
**Character Count:** 17081
**Document Hash:** 2ca67ddf22b8119178bd445e957fc054
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001967097-25-000008.hdr.sgml**: 20250916

**ACCESSION NUMBER**: 0001967097-25-000008

**CONFORMED SUBMISSION TYPE**: 10-D

**PUBLIC DOCUMENT COUNT**: 6

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20250916

**DATE AS OF CHANGE**: 20250916

**ABS ASSET CLASS**: Debt Securities

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Atmos Energy Kansas Securitization I, LLC
- **CENTRAL INDEX KEY:** 0001967097
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 921021026
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-270078-01
- **FILM NUMBER:** 251317231

**BUSINESS ADDRESS:**
- **STREET 1:** 1800 THREE LINCOLN CENTRE
- **STREET 2:** 5430 LBJ FREEWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75240
- **BUSINESS PHONE:** 9729349227

**MAIL ADDRESS:**
- **STREET 1:** 1800 THREE LINCOLN CENTRE
- **STREET 2:** 5430 LBJ FREEWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75240

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

**FORM 10-D**

ASSET-BACKED ISSUER

DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the semi-annual distribution period from

March 1, 2025 to August 31, 2025

Commission File Number of issuing entity: **333-270078-01**

Central Index Key Number of issuing entity: **0001967097**

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| |
|:---|
| **Atmos Energy Kansas Securitization I, LLC** |
| (Exact name of issuing entity as specified in its charter) |

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Commission File Number of depositor and sponsor: **001-10042**

Central Index Key Number of depositor and sponsor: **0000731802**

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| |
|:---|
| **Atmos Energy Corporation** |
| (Exact name of depositor and sponsor as specified in its charter) |

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Ashley Burton, Associate General Counsel

(972) 855-3789

(Name and telephone number, including area code, of the person to contact in connection with this filing)

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| | |
|:---|:---|
| **Delaware** | **92-1021026** |
| (State or other jurisdiction of<br>incorporation or organization of the issuing entity) | (I.R.S. Employer Identification No.) |
| **1800 Three Lincoln Centre**<br>**5430 LBJ Freeway** |  |
| **Dallas, Texas** | **75240** |
| (Address of principal executive offices of the issuing entity) | (Zip Code) |

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Registrant's telephone number, including area code **(972) 934-9227**

Not Applicable

(Former name, former address, if changed since last report)

Registered/reporting pursuant to (check one)

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| | | | | |
|:---|:---|:---|:---|:---|
| Title of Class | Section 12(b) | Section 12(g) | Section 15(d) | Name of exchange<br>(If Section 12(b)) |
| Series 2023-A Senior Secured Securitized Utility Tariff Bonds | ◻ | ◻ | ⌧ | |

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Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ⌧ No ◻

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**PART I - DISTRIBUTION INFORMATION**

**Item 1. Distribution and Pool Performance Information.**

The response to Item 1 is set forth in part herein and in part in Exhibit 99.1.

The record date for distributions described in Exhibit 99.1 is August 29, 2025.

Introductory and explanatory information regarding the material terms, parties and distributions described in Exhibit 99.1 is included in the Prospectus relating to the Series 2023-A Senior Secured Securitized Utility Tariff Bonds (the "Bonds"), of Atmos Energy Kansas Securitization I, LLC (the "Issuing Entity"), dated and filed with the Securities and Exchange Commission pursuant to Rule 424(b)(1) of the Securities Act of 1933 on June 14, 2023.

As indicated in Exhibit 99.1, interest and principal payments on the Bonds have been made with respect to the September 2, 2025 distribution date.

**Item 1A. Asset-Level Information.**

Omitted pursuant to General Instruction C of Form 10-D.

**Item 1B. Asset Representations Reviewer and Investor Communication.**

Omitted pursuant to General Instruction C of Form 10-D.

**PART II - OTHER INFORMATIO**N

**Item 2. Legal Proceedings.**

None.

**Item 3. Sales of Securities and Use of Proceeds.**

None.

**Item 4. Defaults Upon Senior Securities.**

Omitted pursuant to General Instruction C of Form 10-D.

**Item 5. [Reserved]**

**Item 6. Significant Obligors of Pool Assets.**

Omitted pursuant to General Instruction C of Form 10-D.

**Item 7. Change in Sponsor Interest in the Securities.**

None.

**Item 8. Significant Enhancement Provider Information.**

Omitted pursuant to General Instruction C of Form 10-D.

**Item 9. Other Information.**

Omitted pursuant to General Instruction C of Form 10-D.

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**Item 10. Exhibits.**

(a)Documents filed as a part of this report:

&nbsp;&nbsp;&nbsp;&nbsp;99.1&nbsp;&nbsp;&nbsp;&nbsp; Semi-annual Servicer's Certificate relating to the Bonds, dated August 29, 2025

(b)Exhibits required by this Form and Item 601 of Regulation S-K:

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| | | |
|:---|:---|:---|
| **Exhibit <br>Number** | **Description** | **Page Number or <br>Incorporation by Reference to** |
| &nbsp;&nbsp;3.1 | Certificate of Formation of Atmos Energy Kansas Securitization I, LLC | <u>[Exhibit 3.1 to Atmos Energy Kansas Securitization I, LLC's Form SF-1 dated February 28, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523052213/d472690dex31.htm)</u> |
| &nbsp;&nbsp;3.2 | Amended and Restated Limited Liability Company Agreement of Atmos Energy Kansas Securitization I, LLC, dated as of May 26, 2023 | <u>[Exhibit 3.3 to Atmos Energy Kansas Securitization I, LLC's Form SF-1/A dated May 30, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523155640/d472690dex33.htm)</u> |
| &nbsp;&nbsp;4.1 | Indenture by and among Atmos Energy Kansas Securitization I, LLC, U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary (including the form of the Bonds and the Series Supplement), dated as of June 20, 2023 | <u>[Exhibit 4.1 to Atmos Energy Kansas Securitization I, LLC's Form 8-K dated June 20, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523170235/d512280dex41.htm)</u> |
| &nbsp;&nbsp;4.2 | Series Supplement by and among Atmos Energy Kansas Securitization I, LLC and U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary, dated as of June 20, 2023 | <u>[Exhibit 4.2 to Atmos Energy Kansas Securitization I, LLC's Form 8-K dated June 20, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523170235/d512280dex42.htm)</u> |
| &nbsp;&nbsp;10.1 | Securitized Utility Tariff Property Servicing Agreement between Atmos Energy Kansas Securitization I, LLC and Atmos Energy Corporation, as Servicer, dated as of June 20, 2023 | <u>[Exhibit 10.1 to Atmos Energy Kansas Securitization I, LLC's Form 8-K dated June 20, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523170235/d512280dex101.htm)</u> |
| &nbsp;&nbsp;10.2 | Securitized Utility Tariff Property Purchase and Sale Agreement between Atmos Energy Kansas Securitization I, LLC and Atmos Energy Corporation, as Seller, dated as of June 20, 2023 | <u>[Exhibit 10.2 to Atmos Energy Kansas Securitization I, LLC's Form 8-K dated June 20, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523170235/d512280dex102.htm)</u> |
| &nbsp;&nbsp;10.3 | Administration Agreement between Atmos Energy Kansas Securitization I, LLC and Atmos Energy Corporation, as Administrator, dated as of June 20, 2023 | <u>[Exhibit 10.3 to Atmos Energy Kansas Securitization I, LLC's Form 8-K dated June 20, 2023 (File No. 333-270078-01)](https://www.sec.gov/Archives/edgar/data/1967097/000119312523170235/d512280dex103.htm)</u> |
| &nbsp;&nbsp;99.1 | <u>[Semi-annual Servicer's Certificate relating to the Bonds, dated August 29, 2025](a20250829semi-annualserv.htm)</u> |  |

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| Date: | September 16, 2025 |  | Atmos Energy Kansas Securitization I, LLC |
|  |  |  | (Issuing Entity) |
|  |  | By: | Atmos Energy Corporation, as Servicer |
|  |  |  | <u>/s/ Christopher T. Forsythe</u> |
|  |  |  | Christopher T. Forsythe |
|  |  |  | Senior Vice President and |
|  |  |  | Chief Financial Officer |
|  |  |  | (Senior Officer in Charge of the Servicing Function) |

---

## Exhibit 99.1

![](a20250829semi-annualserv001.jpg)

Collection Periods: March 1, 2025 - August 31, 2025 Payment Date: September 2, 2025 Cut-Off Date1: August 18, 2025 1. (a) Available amounts on deposit in Collection Account (including Excess Funds Subaccount) as of Cut-Off Date1: $5,826,911.55 (b) Actual Remittances from the date in (a) above through the Servicer Business Day preceding Current Payment Date2: $376,851.86 (c) Total amounts available to Indenture Trustee for payment of the Securitized Utility Tariff Bonds and Ongoing Financing Costs: $6,203,763.41 (1) Cut-Off Date not to be more than 5 days prior to the date of the certificate. (2) Assumes average collection of approximately $376,851.86 for the remaining 9 business days. 2. Allocation of available amounts as of Current Payment Date allocable to payment of principal and interest on Securitized Utility Tariff Bonds on Current Payment Date: a) Principal Aggregate i. Tranche A-1: $4,024,046.85 ii. Total: $4,024,046.85 b) Interest Aggregate i. Tranche A-1: $2,088,466.56 ii. Total: $2,088,466.56 3. Outstanding amount of the Securitized Utility Tariff Bonds prior to, and after giving effect to the payment on the Current Payment Date and the difference, if any, between the Outstanding Amount specified in the Expected Amortization Schedule (after giving effect to payments to be made on such Payment Date under 1(a) above) and the expected principal balance to be Outstanding (following payment on Current Payment Date): a) Expected principal balance Outstanding (as of the date of this certification): Aggregate i. Tranche A-1: $81,026,830.52 ii. Total: $81,026,830.52 SEMI-ANNUAL SERVICER'S CERTIFICATE ATMOS ENERGY KANSAS SECURITIZATION I, LLC $95,000,000 Series 2023-A Senior Secured Securitized Utility Tariff Bonds Pursuant to Section 4.01(c)(ii) of the Securitized Utility Tariff Property Servicing Agreement, dated as of June 20, 2023, by and between Atmos Energy Corporation, as Servicer, and Atmos Energy Kansas Securitization I, LLC, as Issuer (the "Servicing Agreement"), the Servicer does hereby certify, for the September 2, 2025, Payment Date (the "Current Payment Date"), as follows: Capitalized terms used but not defined in this Semi-Annual Servicer's Certificate have their respective meanings as set forth in the Servicing Agreement. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates. Exhibit 99.1

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![](a20250829semi-annualserv002.jpg)

b) Expected principal balance to be Outstanding (following payment on Current Payment Date): Aggregate i. Tranche A-1: $77,002,783.67 ii. Total: $77,002,783.67 c) Difference between (b) above and Outstanding Amount specified in Expected Amortization Schedule: Aggregate i. Tranche A-1: -$131,553.75 ii. Total: -$131,553.75 4. All other transfers to be made on the Current Payment Date, including amounts to be paid to the Indenture Trustee and to the Servicer pursuant to Section 8.02(e) of the Indenture: a) Certain Ongoing Financing Costs: i. Indenture Trustee Fees and Expenses (subect to $200,000 annual cap per $17,500.00 Section 8.02(e)(i)): ii. Servicing Fee: $23,750.00 iii. Issuer's Fees: $0.00 iv. Administration Fee: $50,000.00 v. Other Operating Expenses: $0.00 vi. Total: $91,250.00 b) Other Ongoing Financing Costs and Payments: i. Other Ongoing Financing Costs (payable pursuant to Section 8.02(e)(v)): $0.00 ii. Funding of Capital Subaccount to the Required Capital Amount: $0.00 iii. Any other unpaid Ongoing Costs of the Issuer, any remaining fees, expenses $0.00 and indemnity amounts owed to the Indenture Trustee and any remaining indemnity amounts owed to the Issuer shall be paid to the parties to which such amounts, if any, are owed, pursuant to Section 8.02(e)(viii): iv. Atmos Return on invested capital: $0.00 v. Deposits to Excess Funds Subaccount: $0.00 vi. Total: $0.00 5. Estimated amounts on deposit in the Capital Subaccount and Excess Funds Subaccount after giving effect to the foregoing payments: a) Capital Subaccount $0.00 i. Total: $0.00 b) Excess Funds Subaccount $0.00 i. Total: $0.00 6. Collections Allocable and Aggregate Amounts Available for the Current Payment Date: i. Remittances for the March 2025 Collection Period $1,063,195.27 ii. Remittances for the April 2025 Collection Period $1,002,994.85 iii. Remittances for the May 2025 Collection Period $943,121.66 iv. Remittances for the June 2025 Collection Period $892,178.36 v. Remittances for the July 2025 Collection Period $1,013,468.22

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![](a20250829semi-annualserv003.jpg)

vi. Remittances for the August 2025 Collection Period2 $942,510.10 vii. Investment Earnings on General Subaccount $22,705.23 viii. Investment Earnings on Capital Subaccount $1,318.62 ix. Investment Earnings on Excess Funds Subaccount $170.98 x. General Subaccount Balance (sum of i through ix above) $5,881,663.29 xi. Capital Subaccount Balance as of prior Payment Date $475,000.00 7. Outstanding Amounts as of prior Payment Date: i. Tranche A-1 Outstanding Amount $81,026,830.52 8. Required Funding/Payments as of Current Payment Date: Principal Principal Due i. Securitized Utility Tariff Bonds - Tranche A-1 $4,024,046.85 Interest Tranche Interest rate Days in interest period3 Interest Due ii. Tranche A-1 5.155% 184 $81,026,830.52 $2,088,466.56 Funding Required iii. Capital Subaccount $475,000.00 $0.00 (3) On 30/360 day basis for initial payment date; otherwise use one-half annual rate. 9. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of the Indenture: i. Trustee Fees and Expenses; Indemnity Amounts $17,500.00 ii. Servicing Fee $23,750.00 iii. Administration Fee $50,000.00 iv. Operating Expenses $0.00 v. Independent Manager's Fee $0.00 Securitized Utility Tariff Bonds Aggregate Per $1,000 of Original Principal Amount vi. Semi-Annual Interest (including any past-due for prior periods) Tranche A-1 Interest Payment $2,088,466.56 $21.98 vii. Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date Tranche A-1 Interest Payment $0.00 $0.00 viii. Semi-Annual Principal Tranche A-1 Principal Payment $4,024,046.85 $42.36 ix. Other unpaid Operating Expenses $0.00 x. Funding of Capital Subaccount (to required level) $0.00 xi. Return to Atmos $0.00 Principal Balance Required Level

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![](a20250829semi-annualserv004.jpg)

xii. Deposit to Excess Funds Subaccount $0.00 xiii. Released to Issuer upon Retirement of all Securitized Utility Tariff Bonds $0.00 xiv. Aggregate Remittances as of Current Payment Date $5,881,663.29 10. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date): i. Securitized Utility Tariff Bonds - Tranche A-1 $77,002,783.67 ii. Excess Funds Subaccount Balance $0.00 iii. Capital Subaccount Balance $0.00 iv. Aggregate Collection Account Balance $0.00 11. Subaccount Withdrawals as of Current Payment Date (if applicable, pursuant to Section 8.02(e) of the Indenture): i. Excess Funds Subaccount $62,553.56 ii. Capital Account $482,415.56 iii. Total Withdrawals $544,969.12 12. Shortfalls in Interest and Principal Payments as of Current Payment Date: i. Semi-annual Interest Securitized Utility Tariff Bonds - Tranche A-1 Interest Payment $0.00 ii. Semi-annual Principal Securitized Utility Tariff Bonds - Tranche A-1 Principal Payment $131,553.75 13. Shortfalls in Payment of Return on Invested Capital as of Current Payment Date: i. Return on Invested Capital $20,662.50 14. Shortfalls in Required Subaccount Levels as of Current Payment Date: i. Capital Subaccount $475,000.00 29th day of August, 2025. ATMOS ENERGY CORPORTION, as Servicer By:_______________________________ Michelle H. Faulk, Vice President and Controller IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer's Certificate this

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