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Tenaska Capital Management has clinched an upsizing of $100 million to its $1.5 billion term loan B on strong investor demand.
The deal--$1.69 billion, including a $90 million revolver-fared better than Exelon Corp.'s recent $700 million B loan that was backed by merchant plants in Texas. Tenaska priced its seven-year B loan at the tight end of its guidance, at LIBOR plus 450 basis points. Exelon, however,...