Posted by Eversheds Sutherland Coop Law
on May 20, 2013 in Financing
, Grid & Infrastructure
, Project Development
| Comments Off on 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...