BRIEF-Atlantic power corporation announces launch of syndication of new senior secured credit facilities by APLP holdings limited partnership

Mon Mar 21, 2016 8:43am EDT
 
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March 21 (Reuters) - Atlantic Power Corp

* Atlantic Power Corp says intends to refinance existing term loan & revolving credit facility at its Atlantic Power Ltd partnership ("APLP") subsidiary

* New term loan, to be raised by APLP Holdings Limited partnership is expected to be increased in size to up to $700 million

* Says following completion of refinancing, company will have no corporate debt maturities prior to 2019

* APLP holdings says new credit facilities to also include up to $210 million in amount of secured revolving credit facilities

* Atlantic Power Corporation announces launch of syndication of new senior secured credit facilities by APLP holdings limited partnership Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)