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Extension of Loan Facility

17th Dec 2008 15:37

RNS Number : 3278K
Scottish & Southern Energy PLC
17 December 2008
 



SCOTTISH AND SOUTHERN ENERGY PLC

EXTENSION OF AIRTRICITY-RELATED LOAN FACILITY 

Further to its financial report, published on 12 November 2008, Scottish and Southern Energy plc ("SSE") has now completed the agreement with the relevant banks to extend by one year, to 30 June 2010€600m (£500m) of its Airtricity-related facility. This follows SSE's success in securing new funding of around £1.5 billion between July and November 2008, with an average maturity of 16 years and an average interest cost of around 6.9%.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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