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Published on 2/5/2015 in the Prospect News Bank Loan Daily.

Duke Energy lifts credit agreement availability to $7.5 billion

By Toni Weeks

San Luis Obispo, Calif., Feb. 5 – Duke Energy Corp. amended its credit agreement on Jan. 30 to increase the maximum borrowing amount to $7.5 billion from $6 billion, according to an 8-K filing with the Securities and Exchange Commission.

The Raleigh, N.C., diversified energy company also extended the agreement’s termination date to Jan. 30, 2020 from December 2018.

Wells Fargo Bank, NA is the administrative agent and swingline lender.


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