(Reuters) - In a proxy statement late on Thursday, TXU said the debt
commitments include up to $25.9 billion in senior secured term
loans, a senior secured revolving line, a senior secured
synthetic letter of credit, and a senior unsecured revolver.
The utility said it has also received commitments for up to
$11.25 billion of senior unsecured bridge facilities that may
be used if a high-yield financing is not completed in time for
the merger.
Read more at Reuters.com Bonds News
commitments include up to $25.9 billion in senior secured term
loans, a senior secured revolving line, a senior secured
synthetic letter of credit, and a senior unsecured revolver.
The utility said it has also received commitments for up to
$11.25 billion of senior unsecured bridge facilities that may
be used if a high-yield financing is not completed in time for
the merger.
Read more at Reuters.com Bonds News
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