Dec 19 (Reuters) - Innergex Renewable Energy Inc INE.TO :
* INNERGEX COMPLETES $570 MILLION LONG-TERM FINANCING OF FOUR CARTIER WIND FARMS
* INNERGEX RENEWABLE ENERGY INC - PROCEEDS USED TO REPAY EXISTING $94.1 MILLION PROJECT FINANCING ON THREE WIND FARMS
* INNERGEX RENEWABLE ENERGY INC - PROCEEDS ALSO USED TO REPAY $400 MILLION ONE-YEAR SECURED BRIDGE LOAN OBTAINED ON OCTOBER 24, 2018
* INNERGEX RENEWABLE ENERGY INC - BALANCE OF PROCEEDS OF $69.0 MILLION APPLIED TOWARDS DELEVERAGING CORPORATE CREDIT FACILITIES
* INNERGEX RENEWABLE ENERGY INC - CARTIER CREDIT FACILITY HAS A TERM OF 14 YEARS.
* INNERGEX RENEWABLE ENERGY INC - INNERGEX HAS HEDGED 100% OF INTEREST RATE WITH LENDERS FOR DURATION OF CARTIER CREDIT FACILITY
* INNERGEX RENEWABLE ENERGY INC - ALL-IN INTEREST RATE FOR LOAN IS FIXED AT AROUND 4.33% FOR 14 YEARS.
* INNERGEX RENEWABLE ENERGY - BAIE-DES-SABLES WIND FARM ISN'T INCLUDED TO SECURE CARTIER CREDIT FACILITY AS IT SECURES CORPORATE REVOLVING CREDIT FACILITIES
* INNERGEX RENEWABLE ENERGY - AMENDED, RESTATED ITS CORPORATE FACILITIES TO ADJUST SECURITY PACKAGE AND EXTEND MATURITY DATE FROM DEC 2022 TO DEC 2023