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Published on 3/16/2011 in the Prospect News Bank Loan Daily.

Alion Science and Technology increases size of revolver to $35 million

By Angela McDaniels

Tacoma, Wash., March 16 - Alion Science and Technology Corp. increased its revolving credit facility due 2014 to $35 million from $25 million, according to an 8-K filing with the Securities and Exchange Commission.

The increase was made under an incremental assumption agreement and amendment made on Friday. Credit Suisse AG, Cayman Islands Branch is the administrative agent and the issuing bank.

Also under the agreement, Credit Suisse increased its letter-of-credit commitment to $35 million from $10 million and changes were made to the credit agreement to eliminate some distinctions among lender commitments.

McClean, Va., provide scientific, engineering and information technology solutions for problems relating to national defense, homeland security, energy and the environment. Its primary customers are U.S. government agencies, particularly the Department of Defense.


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