United Illuminating closes $105 million revolver with JPMorgan Chase

By Aleesia Forni

Columbus, Ohio, Jan. 17 - The United Illuminating Co., a wholly owned subsidiary of UIL Holdings Corp., entered into a $105 million revolving credit facility, according to an 8-K filed with the Securities and Exchange Commission on Tuesday.

The facility will expire on July 13, 2012.

JPMorgan Chase Bank NA is administrative agent.

As of Jan. 13, there were no short-term borrowings outstanding under the new facility.

UIL Holdings is a New Haven, Conn.-based diversified energy delivery company.

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