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Hannon Armstrong Sustainable Infrastructure Capital Extends Credit Facilities
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Hannon Armstrong Sustainable Infrastructure Capital Extends Credit Facilities
Apr 17, 2024 2:34 PM

05:12 PM EDT, 04/17/2024 (MT Newswires) -- Hannon Armstrong Sustainable Infrastructure Capital ( HASI ) said Wednesday that it has amended and extended corporate unsecured credit facilities with a syndicate of banks.

The amended CarbonCount-based revolving credit facility was increased to $1.25 billion from $915 million, while CarbonCount green commercial paper note program was increased to $125 million from $100 million, according to the company.

The company said it has $250 million outstanding under its CarbonCount-based term loan facility.

The revolving credit line was extended by four years to 2028, the term loan A by three years to 2027, and the green CP program by two years to 2026, Hannon added.

The company shares were up nearly 2% in recent after-hours activity.

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