Winter’s arrival coincided with a burst of financing deals for CTSW energy clients. CTSW closed a $25 million private placement of senior notes for a natural gas company. In addition, CTSW closed a $50 million revolving credit facility for a diesel plant joint venture. This venture includes a $25 million accordion feature and a $30 million letter of credit sublimit, supported by partial guaranties and letters of credit provided by the joint venture partners. Walter Godlewski worked on these transactions.
