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Tampa Electric extends maturity on $150 borrowing facility

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Essential Energy Insights - January 2021


Tampa Electric extends maturity on $150 borrowing facility

Tampa Electric Co. and TEC Receivables Corp. amended their $150 million accounts receivable securitized borrowing facility to extend the maturity date to March 22, 2021, from March 23, 2018.

Bank of Tokyo-Mitsubishi UFJ Ltd. acted as the program agent. Tampa Electric is an Emera Inc. subsidiary.