Shaw amends loan, increasing size by $200 million

By Sara Rosenberg

New York, Feb. 27 - The Shaw Group Inc. amended its credit facility, increasing the size to $750 million from $550 million, according to a company news release.

The entire $750 million is available for performance letters of credit and up to $425 million is available for working capital revolving credit loans and financial letters of credit.

Shaw is a Baton Rouge, La., provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets.

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