Eversheds Sutherland Coop Law Blog
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Indiana Coop and CFC “Amend & Extend” Line of Credit

Hoosier Energy Rural Electric Cooperative (Hoosier), based in Indiana, and the National Rural Utilities Cooperative Finance Corporation (CFC) have finalized a deal to “amend and extend” a $400 million line of credit.  The line of credit, which has an original maturity date of August 11, 2016, will now remain in place through April 30, 2018.  Hoosier’s plans for the credit line include...