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EQT Launches $3.5 Billion Commercial Paper Program; Inks Dealer and Paying Agent Agreements
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EQT launched an unsecured commercial paper program with capacity up to $3.5 billion to fund general corporate needs, including working capital, capital expenditures, acquisitions, and debt repayment. The company entered commercial paper dealer agreements to sell notes at par or a discount with maturities up to 397 days and executed an issuing and paying agent agreement with a national bank to administer the program. EQT expects its senior unsecured revolving credit…