Simpson Thacher Represents Banks in Connection With $500 Million Term Loan for Dominion Energy
07.03.18
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The Firm recently represented Toronto Dominion (Texas) LLC, as administrative agent, TD Securities, as lead arranger and bookrunner, and the lenders in connection with Dominion Energy, Inc.’s $500 million 364-day term loan credit agreement.
Dominion Energy is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 25,700 megawatts of electric generation, 15,000 miles of natural gas transmission, gathering, storage and distribution pipeline and 6,600 miles of electric transmission and distribution lines. Dominion Energy operates one of the largest natural gas storage systems in the U.S. with one trillion cubic feet of capacity, and serves more than six million utility and retail energy customers.
The Simpson Thacher team included James Cross and Mike Vernace (Credit).