Retail Supplier Announces JPMorgan Chase Bank As Additional Lender To Its Credit Facility

Just Energy Group Inc. announced that JPMorgan Chase Bank N.A. has joined its Credit Facility as a lender with a commitment of $15 million (all $ Canadian).

This commitment increases the line under Just Energy's accordion to $292.5 million. The credit facility matures on September 1, 2018 and includes long-time lender, Canadian Imperial Bank of Commerce, as Administrative Agent along with current lender National Bank of Canada as Co-Lead Arrangers and Joint Book Runners thereunder.

"Maintaining a strong and flexible financial position remains a priority for our Company, and we believe this new relationship will assist Just Energy to execute its long-term growth strategy," said Just Energy Chief Financial Officer Pat McCullough.