Dominion Energy gets $1.2 billion of 364-day credit facilities

By Sarah Lizee

Olympia, Wash., March 20 – Dominion Energy, Inc. entered into a $500 million 364-day term loan due March 15, 2021 and a $700 million 364-day revolver due March 18, 2021, according to an 8-K filing with the Securities and Exchange Commission.

The amount available for borrowings under the revolver may be increased by up to $500 million.

Proceeds can be used for general corporate purposes, which may include the repayment of debt, including commercial paper.

Dominion Energy is a Richmond, Va.-based natural gas and electricity company.

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