Mid-Carolina Amends $30 Million CoBank Credit Facilities
Mid-Carolina Electric CooperativeUtility District · Lexington, SC- Disclosed value
- $30 million total revolving credit; Loan No. 1138S01-B adds $5 million for a total of $10 million, Loan No. 1138UNCS02 is a supplemental $10 million line of credit, and Loan No. 1138EUNCS03 is a $10 million disaster relief line of credit
- From minutes
- Document date
- Sep 28, 2026
The 30-second brief
Mid-Carolina Electric Cooperative approved amendments and restatements to its revolving credit promissory notes with CoBank totaling $30 million. The financing includes an increased $10 million line, a supplemental $10 million line, and a $10 million disaster relief line subject to repayment within 30 business days of receiving relief funds.
COBANK holds this financial services contract with Mid-Carolina Electric Cooperative. Its other public contracts on record include work for Kaua ªi Island Utility Cooperative and Lee County Electric Cooperative, Inc..
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Contract details
- Contract type
- Financial Services
- Amount
- $30 million total revolving credit; Loan No. 1138S01-B adds $5 million for a total of $10 million, Loan No. 1138UNCS02 is a supplemental $10 million line of credit, and Loan No. 1138EUNCS03 is a $10 million disaster relief line of credit
- Document date
- September 28, 2026
- Vendor
- COBANK
- Source document
- Mid-Carolina Electric Cooperative Minutes Board of Trustees Meeting 2026-09-28 (Minutes)
COBANK's other public contracts
More Mid-Carolina Electric Cooperative contracts
Questions about this contract
Who was awarded the financial services contract by Mid-Carolina Electric Cooperative?
COBANK was awarded this financial services contract by Mid-Carolina Electric Cooperative, as recorded on September 28, 2026. The contract value is $30 million total revolving credit; Loan No. 1138S01-B adds $5 million for a total of $10 million, Loan No. 1138UNCS02 is a supplemental $10 million line of credit, and Loan No. 1138EUNCS03 is a $10 million disaster relief line of credit.
How much is the COBANK contract with Mid-Carolina Electric Cooperative worth?
The COBANK contract with Mid-Carolina Electric Cooperative is valued at $30 million total revolving credit; Loan No. 1138S01-B adds $5 million for a total of $10 million, Loan No. 1138UNCS02 is a supplemental $10 million line of credit, and Loan No. 1138EUNCS03 is a $10 million disaster relief line of credit, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Mid-Carolina Electric Cooperative Minutes Board of Trustees Meeting 2026-09-28 (Minutes), dated September 28, 2026 from Mid-Carolina Electric Cooperative. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does COBANK hold?
COBANK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Mid-Carolina Electric Cooperative currently buying?
Explore Mid-Carolina Electric Cooperative's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.