New York bid · open for prices

Revolving Credit Agreements

This bid is for a revolving credit facility for an electric utility located at 333 Earle Ovington Boulevard, Uniondale, New York 11553.

Please quote a $200 million revolving credit facility for an electric utility at 333 Earle Ovington Boulevard, Uniondale, New York 11553.

Commitment: $200 million to replace an existing facility that expires March 15, 2027.
Bidders: Individual bank offers only, no joint syndicate proposals.
Terms: Pricing for 3-year, 4-year, and 5-year options, including facility fees, applicable margins, and any rating-based adjustments.
Fees: Upfront, annual, draw, and amendment fees, plus estimated legal expenses capped at a stated amount and counsel's hourly rates.
Termination: Prefers termination on written notice without penalty; a termination right after one year will also be considered.
Renewal: Explain extension timing, costs, and conditions, and any changes needed to the existing agreement terms.

Please confirm availability and send your quote by December 3, 2026.

The original documents

Deadline: December 3, 2026

See the original on www.nyscr.ny.gov

Bidding it yourself? Get the full package and submit on nyscr.ny.gov before December 3, 2026.

Commitment$200 million to replace an existing facility expiring March 15, 2027; individual bank offers only, with no joint syndicate proposals.
TermsProvide pricing for 3-, 4-, and 5-year options, including facility fees, applicable margins, and any rating-based adjustments.
CostsInclude upfront, annual, draw, and amendment fees, plus estimated legal expenses capped at a stated amount and counsel’s hourly rates.
TerminationPrefer termination upon written notice without penalty; a termination right after one year will also be considered.
RenewalOutline extension timing, costs, and conditions, and identify any required changes to the existing agreement terms.

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