24th Oct 2024 18:30
SSE PLC - Perth, Scotland-based energy company - Agrees with a group of 15 relationship banks to a new revolving credit facility alongside Scottish Hydro Electric Transmission PLC, totalling GBP3.0 billion and split into two GBP1.5 billion facilities. Both facilities will run to October 2029, with options to extend to October 2031. The SSE facility replaces a GBP1.3 billion revolving credit facility that was due to mature in March 2026 and a GBP200 million bilateral facility due to mature in October 2026. The Scottish Hydro Electric Transmission facility refinances and increases its existing GBP750 million revolving credit facility due to mature in November 2026. Read More
