Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal News

New Development Holdings Completes $1.4 Billion Credit Facility

Date: 07/01/10

Cahill represented Credit Suisse AG as administrative agent and Citibank and Deutsche Bank in connection with a $1,400,000,000 credit facility comprised of a $1,300,000,000 Term Loan and a $100,000,000 revolving loan for New Development Holdings, LLC, a subsidiary of Calpine Corporation to finance the acquisition of Conectiv Energy Holding Company, LLC from Pepco Holdings.
Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com