Northeast Utilities, parent company of Public Service of New Hampshire, announced on Friday the firm has secured a $700 million revolving line of credit, amending and restating a credit agreement dated December 9.
According to filings with the Securities and Exchange Commission, the banks involved are Union Bank of California N.A. as administrative agent and Barclays Bank PLC, JPMorgan Chase Bank N.A. and Union Bank of California N.A. as fronting banks.
The agreement covers Western Massachusetts Electric Company, Connecticut Light and Power Company, Yankee Gas Services Company of Connecticut as well as PSNH.
The Dec. 9 credit agreement had initially been set at $400 million. Citicorp USA had been named the administrative agent on that filing. — CINDY KIBBE
Mental health wellness is an important element in the workplace, according to a panel of experts convened by the NH Business Review in an April 16 webinar. Making accommodations for mental health issues — including depression, posttraumatic stress, even grief — can go a long way toward employee retention and prevention of potential legal issues.
Congress recently passed meaningful reforms targeting pharmacy benefit managers (PBMs), the middlemen who largely determine which medications patients receive and how much they pay.
The ReGen Valley Tech Hub is partnering with New Hampshire Housing and the Greater Manchester Chamber of Commerce to address the state’s housing shortage, convening a regional summit May 12 at the University of New Hampshire Manchester, organizers announced April 15.
Velcro Companies plans to consolidate textiles manufacturing from its Queen City site to its production facility in Somersworth but is committed to remaining in New Hampshire, the company said Monday. Velcro, which has operated in Manchester for nearly 70 years, is the only U.S. manufacturer of textile hook and loop fasteners.
ConvenientMD is trying to re-establish what it means to have a primary care physician — one that is accessible, that isn’t hurried by the stack of patients in the waiting room, that is focused on preventative care as much as continued care.
NLRA guidance contains a more employer-friendly view
This article outlines key considerations for U.S.-based companies that offer lead-generation services — i.e., selling lists of contact information for use in marketing or direct outreach.
Business and event happenings around the state of NH
The Latest is a roundup of the comings and goings of the movers and shakers in NH's business community
