AEP said the credit line will replace a $2.5 billion facility that matures in May 2003. The new line was provided by Citibank and JP Morgan Chase Bank.
The new facility, combined with an existing $1 billion facility that extends to May 2005, and euro facilities that expire in October 2003, provides $2.8 billion to support AEP¹s commercial paper and other short-term cash needs.
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