Financing ·
NJR extends credit facility maturity to October 2031 and increases revolving commitments to $650M
NJRNew Jersey Resources Corp
New Jersey Resources Corporation entered into a third amendment to its Second Amended and Restated Credit Agreement, increasing the aggregate revolving credit commitments from $575 million to $650 million and extending the maturity date to October 27, 2031. Its subsidiary NJNG also amended its credit agreement, extending the maturity date to October 27, 2031, while maintaining $250 million in revolving commitments. New Jersey Resources Corporation operates as a diversified energy company providing natural gas and electric utility services.