HASI Amends Revolving Credit Facility, Increasing Committed Line By $240M To $840M
Portfolio Pulse from Benzinga Newsdesk
Hannon Armstrong Sustainable Infrastructure Capital (HASI) has amended its revolving credit facility, increasing the committed line by $240 million to $840 million. The amendment also expands the accordion feature by $420 million, resulting in a total capacity of up to $1.26 billion.
June 01, 2023 | 11:37 am
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HASI has increased its revolving credit facility's committed line by $240 million to $840 million and expanded the accordion feature, resulting in a total capacity of up to $1.26 billion.
The increase in the committed line and expansion of the accordion feature provides HASI with greater financial flexibility and access to capital. This could potentially lead to more investments and growth opportunities, positively impacting the stock price in the short term.
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