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BRIEF-Terraform power says Terraform Power Operating enters into amendment to credit and guaranty agreement
April 28, 2017 / 8:59 PM / in 3 months

BRIEF-Terraform power says Terraform Power Operating enters into amendment to credit and guaranty agreement

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April 28 (Reuters) - Terraform Power Inc

* Terraform Power - on April 26, Terraform Power Operating, LLC entered eleventh amendment to its credit and guaranty agreement, dated as of Jan 28, 2015

* Terraform Power - amendment extends date by which unit must deliver to administrative agent, lenders to revolver its fy 2016 financial statements to earlier of July 15

* Terraform Power Inc - Terra Operating agreed to prepay outstanding loans under revolver

* Terraform Power - Terra Operating agreed to permanently reduce amount of revolving commitments available under revolver, in each case by $50 million

* Terraform - After giving effect to reduction in revolving commitments, total borrowing capacity of Terra Operating under revolver will equal $570.0 million Source text for Eikon: Further company coverage:

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