AUSTIN, April 29, 2026 - Baker Botts L.L.P., a leading international energy, technology, and life sciences law firm, represented Cleco Corporate Holdings LLC (“Cleco Holdings”) in connection with a $250 million term loan facility.

Cleco Holdings entered into the term loan facility on April 24, 2026, which matures on April 24, 2028. The proceeds will be used for general corporate purposes and to repay the outstanding principal amount of Cleco Holdings’ Senior Notes due 2026. 

Regions Capital Markets, JPMorgan Chase Bank, N.A., Sumitomo Mitsui Banking Corporation, CoBank, ACB, Canadian Imperial Bank of Commerce, New York Branch and Credit Agricole Corporate & Investment Bank acted as joint lead arrangers and joint bookrunners for the facility. Regions Bank serves as the administrative agent.

Headquartered in Pineville, Louisiana, Cleco Holdings is a regional energy holding company that conducts its business operations through two of its subsidiaries, Cleco Power LLC and Cleco Cajun LLC. 

Baker Botts Lawyers/Offices Involved: 

Finance: Clint Culpepper (Partner, Austin); Regan Vicknair (Senior Associate, Houston); Tessa Driver (Associate, Houston)

Corporate: Timothy Taylor (Partner, Houston); Jamie Yarbrough (Partner, Houston)

Tax: Jordan Hahn (Partner, Dallas) 

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