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Georgia Transmission Corporation Obtains $275 Million Refinancing Deal

Georgia Transmission Corporation, which serves 39 electric membership corporations in Georgia, and owns more than 600 substations, recently closed a large refinancing deal on a facility that GTC will use for general corporate purposes.  The National Rura
December 19, 2011

Georgia Transmission Corporation, which serves 39 electric membership corporations in Georgia, and owns more than 600 substations, recently closed a large refinancing deal on a facility that GTC will use for general corporate purposes.  The National Rural Utilities Cooperative Finance Corporation arranged a $275 million, five-year unsecured revolving credit facility for GTC, which is based in Tucker, GA.  The deal refinanced an existing $180 million facility that CFC had arranged in 2007.  To read more details about the deal, click here.

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