ITC Holdings Corp. (ITC) announced that it has priced $200.0 million aggregate principal amount of 5.500% Senior Notes due 2020, which will be sold in a private placement to qualified institutional buyers.
The proceeds from the offering will be used to repay amounts outstanding under ITC Holdings Corp.'s term loan and amounts outstanding under its revolving credit facility and for general corporate purposes, including funding capital expenditures.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.