Georgia Transmission Corporation Obtains $275 Million Refinancing Deal
Posted on Dec 19, 2011 in Financing | Comments Off on Georgia Transmission Corporation Obtains $275 Million Refinancing Deal
Georgia Transmission Corporation, which serves 39 electric membership corporations in Georgia, and owns more than 600 substations, recently closed a large refinancing deal on a facility that GTC will use for general corporate purposes. The National Rural Utilities Cooperative Finance Corporation arranged a $275 million, five-year unsecured revolving credit facility for GTC, which is based in Tucker, GA. The deal refinanced an existing $180 million facility that CFC had arranged in 2007. To read more details about the deal, click here.
