Avista Corp. Completes New $400M Line of Credit

Avista Corp. AVA today announced that it has entered into a $400 million four-year committed line of credit, replacing the $320 million and $75 million committed line of credit agreements that were scheduled to expire on April 5, 2011. The new line of credit expires on Feb. 11, 2015. The banks included in the new line of credit are Union Bank, N.A. as Administrative Agent and an Issuing Bank, Wells Fargo Bank National Association as Syndication Agent and an Issuing Bank, and The Bank of New York Mellon, Keybank National Association and U.S. Bank National Association as Co-Documentation Agents and other lenders.