Cases & Deals

FirstEnergy obtains $4.5 billion financing package

Clients FirstEnergy Corp.

Jones Day represented FirstEnergy Corp., a diversified energy holding company, and certain of its subsidiaries in connection with six new credit facilities in an aggregate amount of $4.5 billion, consisting of (i) a $1 billion senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, (ii) an $800 million senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, (iii) a $950 million senior unsecured revolving credit facility with Mizuho, Ltd., as administrative agent, (iv) a $500 million senior unsecured revolving credit facility with Mizuho, Ltd., as administrative agent, (v) a $400 million senior unsecured revolving credit facility with Mizuho, Ltd., as administrative agent, and (vi) an $850 million senior unsecured revolving credit facility with the administrative agent thereto.