National Rural increases revolvers to $3.42 billion, makes extension

By Angela McDaniels

Tacoma, Wash., Oct. 31 – National Rural Utilities Cooperative Finance Corp. increased its four- and five-year revolving credit agreements by $1.23 billion to a combined $3.42 billion and extended the commitment termination date for the five-year agreement to Oct. 28, 2019, according to an 8-K filing with the Securities and Exchange Commission.

The four-year revolver was increased to $1.72 billion from $1,123,000,000, and the five-year revolver was increased to $1.7 billion from $1,068,000,000.

The amendments were made Tuesday.

National Rural is a market lender for electric cooperatives based in Dulles, Va.

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