Daily News: March 20, 2017

Wells Fargo Expands Duke Energy Facility to $8B


Duke Energy amended its credit agreement to expand the maximum aggregate borrowing amount to $8 billion and to add Piedmont Natural Gas as a borrower.

According to a related 8-K filing, the facility’s termination date was extended from January 30, 2020 to March 16, 2022.

Wells Fargo Bank served as administrative agent, swing line lender, l/c issuer and a lender. BBT, Bank of America, JPMorgan Chase Bank, PNC Bank, U.S. Bank and Royal Bank of Canada were lenders.