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BRIEF-RGC Resources Inc- unit entered into a term loan agreement and unsecured promissory note
November 7, 2016 / 5:51 PM / 9 months ago

BRIEF-RGC Resources Inc- unit entered into a term loan agreement and unsecured promissory note

Nov 7 (Reuters) - Rgc Resources Inc

* RGC Resources Inc- on November 1, unit entered into a term loan agreement and unsecured promissory note - SEC filing

* RGC Resources Inc- unit also entered into a swap agreement associated with promissory note which will commence November 1, 2017

* RGC Resources - under swap agreement unit will convert variable rate promissory note into an instrument with a fixed interest rate of 2.3% per annum

* RGC Resources Inc -Under debt agreements, unit borrowed $7 million for a term of 5 years - SEC filing Source text for Eikon: Further company coverage:

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