BRIEF-Portland General Electric Entered Into An Unsecured Credit Agreement

Reuters11-15
BRIEF-Portland General Electric Entered Into An Unsecured Credit Agreement

Nov 15 (Reuters) - Portland General Electric Co POR.N:

  • PORTLAND GENERAL ELECTRIC CO - ENTERED INTO AN UNSECURED CREDIT AGREEMENT

  • PORTLAND GENERAL ELECTRIC CO - CREDIT AGREEMENT, WHICH EXPIRES ON NOVEMBER 17, 2025

  • PORTLAND GENERAL ELECTRIC CO - CREDIT AGREEMENT HAS AGGREGATE COMMITMENT OF $300 MILLION

  • PORTLAND GENERAL ELECTRIC CO - ON NOV 14, PGE OBTAINED TERM LOAN FROM LENDERS IN AGGREGATE PRINCIPAL OF $220 MILLION

  • PORTLAND GENERAL ELECTRIC- EXPECTS TO USE PORTION OF PROCEEDS OF TERM LOAN TO REPAY IN FULL EXISTING $80 MILLION FIRST MORTGAGE BOND

Source text: https://tinyurl.com/2rr67dub

Further company coverage: POR.N

((Reuters.Briefs@thomsonreuters.com;))

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