ITC Holdings amends loans, pushing out maturities

By Sara Rosenberg

New York, March 30 - ITC Holdings Corp. amended its revolving credit facility and wholly owned operating subsidiary International Transmission Co.'s facility, extending the maturity dates to March 10, 2010 from March 19, 2007, according to an 8-K filed with the Securities and Exchange Commission Thursday.

The amendment was completed on March 24.

CIBC is the administrative agent on the deal.

ITC Holdings is a Novi, Mich.-based electricity transmission company.

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