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Vectren Capital plans $100 million three-year term loan to repay debt
By Susanna Moon
Chicago, Aug. 1 - Vectren Capital plans to obtain a $100 million three-year term loan agreement in the near term, according to a 10-Q filing with the Securities and Exchange Commission.
Proceeds will be used to repay short-term borrowings outstanding under Vectren Capital's credit facility.
Vectren is an Evansville, Ind.-based energy holding company.
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