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Dominion Energy enters two $600M term loan facilities (NYSE:D)

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Warren Buffett

Zach Gibson/Getty Images News

Dominion Energy (NYSE:D+2.4% post-market Friday after disclosing in an 8-K filing it had entered into two separate 364-day term loan facilities of $600M each.

Dominion (D) borrowed an initial $750M in total on July 7 under the facilities, which mature on July 5, 2024, according to the filing.

The company said it plans to use the proceeds from the facilities to repay existing debt and for general corporate purposes.

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