Oklahoma Gas and Electric extends $450 million revolver to 2023

By Wendy Van Sickle

Columbus, Ohio, March 14 – Oklahoma Gas & Electric Co. exercised an option to extend its $450 million unsecured revolving credit facility by one year to March 8, 2023, effective Friday, according to an 8-K filing with the Securities and Exchange Commission.

The credit facility was entered in March 2017. The company has one remaining option to extend the credit facility by another year.

Other terms of the credit facility were unchanged.

The electric utility is based in Oklahoma City.

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