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Home > Platts Newsletter Article Archive > Power Markets Week > Dynegy obtains $300 million letter of credit to help cope with volatility in costs of gas

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Dynegy obtains $300 million letter of credit to help cope with volatility in costs of gas
Publication Date: 23-JUN-08
Publication: Power Markets Week
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Description
Facing rising collateral requirements, Dynegy has closed on a $300 million letter of credit facility that becomes available if natural gas prices rise above $13/MMBtu, the Houston-based



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