Cases & Deals

Toronto Dominion refinances existing secured credit agreement for Doyon Utilities

Clients Toronto Dominion (Texas) LLC

Jones Day represented Toronto Dominion (Texas) LLC in connection with the refinancing of an existing secured credit agreement provided to Doyon Utilities, LLC, an owner and operator of a utility infrastructure that provides service to three military facilities in Alaska, for a $160 million senior secured revolving credit facility, with Toronto Dominion (Texas) LLC as administrative agent. The facility provides for an expansion option that will allow Doyon Utilities, LLC, subject to certain requirements, to request an increase in the facility of up to an additional $70 million, for a potential total commitment of $230 million.