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TXU draws $345 million under its credit facilities for general corporate purposes
By Sara Rosenberg
New York, Jan. 18 - TXU Energy Co. LLC drew down $300 million of its $2.5 billion revolving credit facility and $45 million under its $500 million credit facility between Dec. 31 and Jan. 12, according to an 8-K filed with the Securities and Exchange Commission Tuesday.
The borrowings were used for working capital and general corporate purposes.
As of Jan. 12, TXU had cash, cash equivalents and available credit facility capacity of $2.22 billion.
TXU is a Dallas-based energy company.
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