other material
confidence high
sentiment neutral
materiality 0.25
Consumers Energy extends $250M secured revolver maturity to Nov 2023
CONSUMERS ENERGY CO
- Extended termination date of $250M secured revolving credit facility to November 19, 2023.
- Agreement with The Bank of Nova Scotia, obligations secured by first mortgage bonds.
- Extension is the third such one-year extension since original November 2018 agreement.
- No changes to interest rate or other key terms disclosed.