Evergy to repay $500 million outstanding under term loan

By Mary-Katherine Stinson

Lexington, Ky., Dec. 4 – Evergy Inc. plans to use the proceeds from an offering of four-year convertible notes to repay the $500 million outstanding under the company’s term loan facility due 2024 and to repay a portion of commercial borrowings, according to a press release.

Evergy is a Kansas City, Mo.-based utility.

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