Reliant Energy extends loan waiver related to EBITDA requirement

By Sara Rosenberg

New York, Nov. 7 - Reliant Energy Inc. extended its credit facility waiver to Dec. 5 from Nov. 6 regarding compliance with the minimum adjusted EBITDA covenant, according to a news release.

Merrill Lynch is the lead bank on the $300 million retail working capital facility.

Reliant is a Houston-based provider of electricity and energy services to retail and wholesale customers.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.