NYSE:PNWElectric Utilities
A Look At Pinnacle West Capital’s (PNW) Valuation As New US$300m Credit Facility Expands Liquidity
Pinnacle West Capital (PNW) has refreshed its liquidity toolkit by entering a third amended and restated unsecured revolving credit facility, which increases available capacity to US$300 million and extends access to funding through 2031.
See our latest analysis for Pinnacle West Capital.
The new US$300 million facility lands against a supportive backdrop, with a 30-day share price return of 8.55% and a year to date share price return of 13.51%, while the 5-year total shareholder return of...