Just Energy Group Inc. Announces JPMorgan Chase...
Source - MKW
FOR: JUST ENERGY GROUP INC.
NYSE, TSX SYMBOL: JE
October 3, 2016
Just Energy Group Inc. Announces JPMorgan Chase Bank as Additional Lender to Its Credit Facility
TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) - Just Energy Group Inc. ("Just Energy" or the "Company")
(TSX:JE)(NYSE:JE), an energy management solutions provider specializing in electricity, natural gas, solar and
green energy, today announced that JPMorgan Chase Bank N.A. ("JPMorgan") has joined its Credit Facility as a
lender with a commitment of $15 million. This commitment increases the line under the Company's accordion to
$292.5 million. The credit facility matures on September 1, 2018 and includes long-time lender, Canadian
Imperial Bank of Commerce, as Administrative Agent along with current lender National Bank of Canada as Co-Lead
Arrangers and Joint Book Runners thereunder.
"We are pleased to announce the addition of JPMorgan to our lending group and look forward to their continued
support alongside our other existing banking relationships," said Chief Financial Officer Pat McCullough.
"Maintaining a strong and flexible financial position remains a priority for our Company, and we believe this
new relationship will assist Just Energy to execute its long-term growth strategy."
About Just Energy Group Inc.
Established in 1997, Just Energy is an energy management solutions provider specializing in electricity,
natural gas, solar and green energy. With offices located across the United States, Canada, and the United
Kingdom, Just Energy serves close to two million residential and commercial customers. The Company offers a
wide range of energy products and home energy management services including long-term fixed-price, variable
price, and flat bill programs, smart thermostats, and residential solar solutions. Just Energy Group Inc. is
the parent company of Amigo Energy, Commerce Energy, Green Star Energy, Hudson Energy, Tara Energy, Just Energy
Solar and TerraPass.
Just Energy's press releases may contain forward-looking statements, including statements pertaining to
customer revenues and margins, customer additions and renewals, customer attrition, customer consumption
levels, general and administrative expenses, dividends, distributable cash and treatment under governmental
regulatory regimes. These statements are based on current expectations that involve a number of risks and
uncertainties which could cause actual results to differ from those anticipated. These risks include, but are
not limited to levels of customer natural gas and electricity consumption, rates of customer additions and
renewals, rates of customer attrition, fluctuations in natural gas and electricity prices, changes in
regulatory regimes, results of litigation and decisions by regulatory authorities, competition and dependence
on certain suppliers. Additional information on these and other factors that could affect Just Energy's
operations, financial results or dividend levels are included in Just Energy's annual information form and
other reports on file with Canadian securities regulatory authorities which can be accessed through the SEDAR
website at www.sedar.com, on the U.S. Securities Exchange Commission's website at www.sec.gov or through Just
Energy's website at www.justenergygroup.com.
Neither the Toronto Stock Exchange nor the New York Stock Exchange has approved nor disapproved of the
information contained herein.
FOR FURTHER INFORMATION PLEASE CONTACT:
Chief Financial Officer
Just Energy Group Inc.