E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/2/2013 in the Prospect News Bank Loan Daily.

Oklahoma Gas extends maturity of $400 million revolver to 2017

By Marisa Wong

Madison, Wis., Aug. 2 - Oklahoma Gas and Electric Co. extended the maturity of its $400 million revolving credit facility to Dec. 13, 2017 from Dec. 13, 2016, according to an 8-K filing with the Securities and Exchange Commission.

The company exercised one of the facility's two extension options on July 29. The company can still use another of those one-year extensions.

All other terms of the credit facility remain unchanged.

The Oklahoma City electric utility entered into the revolving credit facility in December 2011.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.