A Locke Lord team led by John Whitlock (Boston) represented New Mexico Gas Company, Inc., in a set of facility transactions. In the first, New Mexico Gas entered into a Second Amended and Restated Credit Facility for its $125 million existing syndicated senior unsecured revolving credit facility to extend the maturity and to make other technical changes. In the second, New Mexico Gas entered into a Term Loan Credit Facility with The Bank of Nova Scotia as agent and lender, pursuant to which the bank extended a $100 million senior unsecured term loan. Additional assistance was provided by Barry Bendes (New York) and Michael Renetzky and Tom Bohac (both of Chicago).
Posted on April 26, 2021