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NWE NorthWestern Energy Group Inc

49.61
-0.74 (-1.47%)
15 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NorthWestern Energy Group Inc NASDAQ:NWE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.74 -1.47% 49.61 48.53 51.19 49.615 49.06 49.25 160,647 01:00:00

NorthWestern Energy Boosts and Extends Corporate Revolving Credit Facility

30/06/2009 11:57pm

PR Newswire (US)


NorthWestern Energy (NASDAQ:NWE)
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From Jun 2019 to Jun 2024

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SIOUX FALLS, S.D., June 30 /PRNewswire-FirstCall/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE:NWE) today announced that it has amended and restated its corporate revolving credit facility to increase the amount to $250 million from the current $200 million and to extend the maturity date to June 30, 2012 from the existing November 1, 2009. "This amendment provides NorthWestern with the liquidity necessary to support its growth plan," said Brian Bird, Chief Financial Officer and Treasurer. "The fact that we obtained a three-year extension and increased the availability of the existing facility in this difficult banking environment demonstrates the company's strong financial profile." The banks in the facility include Banc of America Securities LLC (Lead Arranger), JPMorgan Chase Bank, N.A. (Syndication Agent), Union Bank N.A. (Co-Documentation Agent) and U.S. Bank National Association (Co-Documentation Agent), Deutsche Bank, UBS Loan Finance, Bank of Nova Scotia, KeyBank Nat'l Assoc., and Credit Suisse. About NorthWestern Energy NorthWestern Energy provides electricity and natural gas in the Upper Midwest and Northwest, serving approximately 656,000 customers in Montana, South Dakota and Nebraska. More information on NorthWestern Energy is available on the Company's Web site at http://www.northwesternenergy.com/. DATASOURCE: NorthWestern Corporation CONTACT: media, Claudia Rapkoch, +1-866-622-8081, ; or investors, Dan Rausch, +1-605-978-2902, , both of NorthWestern Corporation Web Site: http://www.northwesternenergy.com/

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