NiSource Inc.
NiSource Closes $265 Million Term Loan
Published in Law and Health Weekly, March 7th, 2009
The new facility has a two-year term maturing Feb. 11, 2011. Borrowings under the facility will have an effective cost of LIBOR plus 538 basis points. In addition, the facility includes an accordion feature under which can be expanded up to $500 million prior to final closing on April 15, 2009.
In addition to JP Morgan Chase Bank, N.A., and Wachovia Bank, N.A., other lending participants in the term loan are Citigroup Global Markets Inc., Bank...
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