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Dominion Energy secures $950M term loan

Dominion Energy Inc. entered into a a $950 million term loan credit agreement due Feb. 8, 2019.

The company borrowed the full amount under the 364-day term loan agreement and intends to to use the loan for general corporate purposes, which may include the repayment of debt, including commercial paper, according to a Feb. 15 Form 8-K filing.

The Bank of Nova Scotia acted as administrative agent and the Bank of Nova Scotia as lead arranger.