California Water Service Group Enters New $550 Million Credit Agreement
California Water Service Group (CWT)
Last california water service group earnings: 4/30 09:00 am
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US:NYSE Investor Relations:
ir.calwatergroup.com
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Source: GlobeNewswire
SAN JOSE, Calif, April 01, 2019 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced that it has entered into unsecured revolving credit facilities for the Group and its subsidiaries totaling $550 million for a term of five years. Of the total, $400 million is available to California Water Service (Cal Water), a wholly owned subsidiary of Group, and $150 million is available to Group and the subsidiaries other than Cal Water. Additionally, the credit facilities available to Cal Water may be expanded by up to an incremental $150 million under the Cal Water facility and $50 million under the Group facility, subject to certain conditions. The proceeds from the credit facilities may be used for working capital purposes, including short-term financing of capital projects. The credit facilities replace the prior Group and Cal Water unsecured revolving credit facilities. Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as sole lead arranger and so
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- 4/25/24 - Beat
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Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- CWT's page on the SEC website