The company set up the facility in 2017 after the reorganization; the facility matures on March 28, 2022. As of March 31, 2018, SWX had $22.5 million outstanding under the credit facility.
The program is supported by a $400 million revolving credit facility that was increased from $300 million and extended to March 28, 2022. As of March 31, 2018, SWG had $39 million under both its CP program and its credit facility.
The loan validity for said project was extended from May 28, 2018, to
March 28, 2022. The new project completion schedule was likewise extended from November 28, 2017, to September 28, 2021.
Meanwhile, the ICC-Cabcom approved loan validity for Jalaur River Multi-Purpose Project (JRMP) Stage Two to
March 28, 2022, from May 28, 2018.
--$2,500,000 Series B MRPS 4.07% due on March 28, 2022 affirmed at 'AA';
--$4,100,000 Series B MRPS 4.07% due on March 28, 2022 affirmed at 'AA';
--$2,500,000 4.07% Series B MRPS due
March 28, 2022 at 'AA';