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Published on 8/1/2013 in the Prospect News Bank Loan Daily.

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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