Energy Future Holdings has secured extensions on the maturity of 80% of its loans from creditors. Term loans worth $15.367 billion, and letter of credit loans worth $1.02 billion, due in 2014 have been extended to 2017.
Revolving credit facility commitments, totaling about $1.384 billion, maturing in 2013 have been extended to 2016. Citigroup has arranged the extension on behalf of the Dallas-based electricity provider.
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