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Debt and Credit Facilities
3 Months Ended
Mar. 31, 2012
Debt And Credit Facilities Disclosure [Line Items]  
Debt and Credit Facilities

8.       DEBT AND CREDIT FACILITIES

Material changes to Progress Energy's, PEC's and PEF's debt and credit facilities and financing activities since December 31, 2011, are as follows.

On February 15, 2012, the Parent's $478 million revolving credit agreement was amended to extend the expiration date from May 3, 2012, to May 3, 2013, with its existing syndication of 14 financial institutions. Our combined credit commitments for the Parent, PEC and PEF are $1.978 billion, supported by 23 financial institutions.

On March 8, 2012, the Parent issued $450 million of 3.15% Senior Notes due April 1, 2022. The net proceeds, along with available cash on hand, were used to retire the $450 million outstanding aggregate principal balance of our 6.85% Senior Notes due April 15, 2012.

PEC
 
Debt And Credit Facilities Disclosure [Line Items]  
Debt and Credit Facilities

8.       DEBT AND CREDIT FACILITIES

Material changes to Progress Energy's, PEC's and PEF's debt and credit facilities and financing activities since December 31, 2011, are as follows.

On February 15, 2012, the Parent's $478 million revolving credit agreement was amended to extend the expiration date from May 3, 2012, to May 3, 2013, with its existing syndication of 14 financial institutions. Our combined credit commitments for the Parent, PEC and PEF are $1.978 billion, supported by 23 financial institutions.

On March 8, 2012, the Parent issued $450 million of 3.15% Senior Notes due April 1, 2022. The net proceeds, along with available cash on hand, were used to retire the $450 million outstanding aggregate principal balance of our 6.85% Senior Notes due April 15, 2012.

PEF
 
Debt And Credit Facilities Disclosure [Line Items]  
Debt and Credit Facilities

8.       DEBT AND CREDIT FACILITIES

Material changes to Progress Energy's, PEC's and PEF's debt and credit facilities and financing activities since December 31, 2011, are as follows.

On February 15, 2012, the Parent's $478 million revolving credit agreement was amended to extend the expiration date from May 3, 2012, to May 3, 2013, with its existing syndication of 14 financial institutions. Our combined credit commitments for the Parent, PEC and PEF are $1.978 billion, supported by 23 financial institutions.

On March 8, 2012, the Parent issued $450 million of 3.15% Senior Notes due April 1, 2022. The net proceeds, along with available cash on hand, were used to retire the $450 million outstanding aggregate principal balance of our 6.85% Senior Notes due April 15, 2012.