trending Market Intelligence /marketintelligence/en/news-insights/trending/2ZCbb90nPXMGpTTv2QQQSg2 content esgSubNav
In This List

2 Vectren subsidiaries borrow $175M under term loan facilities

Blog

Over 150 state-level energy-related measures enacted during Q2'21

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Insight Weekly: Banks' efficiency push; vacuuming carbon; Big Pharma diversity goals


2 Vectren subsidiaries borrow $175M under term loan facilities

Vectren Utility Holdings Inc. withdrew $50 million and Vectren Capital Corp. withdrew $125 million under their respective term loan facilities for general corporate purposes.

After the borrowings, Vectren Utility has utilized all the funds under its $300 million term loan facility, while Vectren Capital has $25 million left under its facility that it can borrow until March 31, 2019.

Vectren Utility and Vectren Capital are subsidiaries of Vectren Corp.