MUFG Bank is administrative agent on Tucson Electric Power’s new $350 million credit line, replacing a $250 million facility. The filing does not say how much MUFG will lend or earn, so it shows no clear change for MUFG.
The larger facility gives MUFG a role in arranging more credit for a customer. TEP expects to borrow from it over time, but the filing does not say how much MUFG will lend or earn. That leaves no clear change to MUFG’s outlook.
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