CPV Plants Enter $825M Financing, Lower Term Loan Pricing 75 Bps
OPC Energy said CPV entered financing for its Shore and Maryland plants, consolidating debt and lowering term-loan pricing to 2.5% above SOFR. $130M will be dividended to CPV Group at closing.
OPC Energy Ltd. said CPV entered an $825M financing for its Shore and Maryland plants, consolidating debt and lowering term loan pricing by 75 bps to 2.5% above SOFR; $130M will be dividended to CPV Group at closing.Material DetailsContext by AI AnalystThis is a mid-cycle balance-sheet optimization…