Posted by Eversheds Sutherland Coop Law
on Aug 6, 2012 in Financing
| Comments Off on Alaskan Coop Closes Deal with CFC for $100 Million Facility
Chugach Electric Association, an Anchorage, Alaska-based coop, closed an “Amend and Extend” syndicated transaction with the National Rural Utilities Cooperative Finance Corporation (CFC). The coop’s CFO, Mike Cunningham, spoke highly of the experience with CFC stating that “[t]his facility provided us with low-priced, short-term financing for our power plant construction.” ...