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Pattern Energy Operations to repay term loan A with notes proceeds
By Sara Rosenberg
New York, July 13 – Pattern Energy Operations plans to repay its term loan A using a portion of the proceeds from a $700 million senior unsecured notes offering, according to a market source.
Remaining proceeds from the notes will be used to fund the redemption of the company’s existing 2024 notes, to pay related premiums, fees and expenses, and, if anything is remaining, for new investments in eligible green projects.
Pattern Energy is a San Francisco-based developer and operator of wind, solar, transmission, and energy storage projects.
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