Brief: Altus Power Inc Says Co Through Units Has Entered Into A New Long-Term Funding Facility Under Terms Of A Credit Agreement, Dated As Of Feb 15

Altus Power

16/02/2023 15:40

Feb 16 (Reuters) - Altus Power Inc  AMPS.N :
    * ALTUS POWER INC - CO THROUGH UNITS HAS ENTERED INTO A NEW
LONG-TERM FUNDING FACILITY UNDER TERMS OF A CREDIT AGREEMENT,
DATED AS OF FEB 15
    * ALTUS POWER INC - FUNDING FACILITY PROVIDES FOR A TERM
LOAN OF
$204 MILLION AT A FIXED RATE OF 5.62%, WHILE AMOUNTS ARE
OUTSTANDING UNDER THE TERM LOAN
    * ALTUS POWER INC - TERM LOAN HAS AN ANTICIPATED REPAYMENT
DATE OF
JUNE 30, 2033
    * ALTUS POWER INC - MATURITY DATE OF THE TERM LOAN IS
OCTOBER 31,
2047

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