ITC Holdings, subsidiaries extend maturity dates of revolvers

By Wendy Van Sickle

Columbus, Ohio, May 17 – ITC Holdings Corp. and four of its subsidiaries amended their revolving credit facilities on Monday, according to an 8-K filing with the Securities and Exchange Commission.

Specifically, ITC Holdings, International Transmission Co., Michigan Electric Transmission Co., ITC Midwest LLC and ITC Great Plains, LLC each amended its revolver to extend the maturity date by one year to Oct. 18, 2024 and increased the number of permitted extensions of the maturity date to three from two.

In each case, Wells Fargo Bank, NA is the administrative agent.

ITC Holdings is an electric transmission company based in Novi, Mich.

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