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Colorado Coop Closes on Syndicated Line of Credit

Brighton-based United Power, Inc. (UPI), which is a 100-percent National Rural Utilities Cooperative Finance Corporation (CFC) borrower, has closed on a $30 million syndicated line of credit arranged by CFC.  The three-year unsecured line of credit repla
January 14, 2013

Brighton-based United Power, Inc. (UPI), which is a 100-percent National Rural Utilities Cooperative Finance Corporation (CFC) borrower, has closed on a $30 million syndicated line of credit arranged by CFC.  The three-year unsecured line of credit replaces an existing perpetual line, and it is the second line of credit arranged by CFC for an electric distribution coop.  The first line of credit was for Marietta, Georgia-based Cobb EMC in June 2012.  Click here for more on this story.

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