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NorthWestern Closes $390 Million Senior Secured Credit Facility
MONDAY, FEBRUARY 10, 2003 3:27 PM
- PR Newswire

SIOUX FALLS, S.D., Feb 10, 2003 /PRNewswire-FirstCall via COMTEX/ -- NorthWestern Corporation (NOR) today announced that it has closed and received funds from a $390 million senior secured credit facility with Credit Suisse First Boston.

The new facility matures in December 2006 and will be used to repay NorthWestern's existing $280 million working capital facility and for other corporate purposes.

NorthWestern Corporation is a leading provider of services and solutions to more than 2 million customers across America. NorthWestern's partner businesses include NorthWestern Energy, a provider of electricity, natural gas and related services to customers in Montana, Nebraska and South Dakota; Expanets, the largest mid-market provider of networked communications solutions and services in the United States; and Blue Dot, a leading provider of air conditioning, heating, plumbing and related services.

SOURCE NorthWestern Corporation

Investors-Media, Roger Schrum of NorthWestern Corporation,
[phone], [e-mail]


http://www.northwestern.com