Great Plains Energy, two subsidiaries extend revolvers to 2018

By Angela McDaniels

Tacoma, Wash., Oct. 21 - Great Plains Energy Inc., KCP&L Greater Missouri Operations Co. and Kansas City Power & Light Co. amended their revolving credit facilities on Thursday, extending them to Oct. 17, 2018, appointing Wells Fargo Bank, NA as successor administrative agent and removing certain lenders.

Following the amendments, each revolver has two one-year extension options, according to an 8-K filing with the Securities and Exchange Commission.

Great Plains Energy's revolver is $200 million in size, KCP&L Greater Missouri's is $450 million and Kansas City Power & Light's is $600 million.

Great Plains Energy is based in Kansas City, Mo. It is the holding company of Kansas City Power & Light and KCP&L Greater Missouri, two regulated providers of electricity.

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