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SSEZY SSE PLC (PK)

22.01
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
SSE PLC (PK) USOTC:SSEZY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 22.01 22.01 22.01 0.00 01:00:00

SSE Refinances GBP1.3 Billion Credit Line, to Be Measured on ESG Factors

29/03/2019 5:28pm

Dow Jones News


SSE (PK) (USOTC:SSEZY)
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From May 2019 to May 2024

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By Adam Clark

 

SSE PLC (SSE.LN) said Friday that it has refinanced its 1.3 billion pound ($1.7 billion) credit line with its existing lenders.

The FTSE 100 energy supplier said the refinancing extends the maturity date to March 2024 from July 2022, with an option for a two-year extension.

SSE also said the credit line includes potential adjustments to the interest rate and fees paid depending on its performance against environmental, social and governance factors, as measured by an independent research agency.

 

Write to Adam Clark at adam.clark@dowjones.com

 

(END) Dow Jones Newswires

March 29, 2019 13:13 ET (17:13 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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