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Affinia amends revolver, lowering pricing and pushing out maturity
By Sara Rosenberg
New York, Dec. 1 - Affinia Group Inc. amended its $315 million senior secured revolving credit facility, reducing pricing and the undrawn fee and extending the maturity date, according to a news release.
The amendment also modified the conditions to making certain dividends, distributions, restricted payments and investments.
Bank of America is the administrative agent on the deal.
Affinia Group is an Ann Arbor, Mich.-based designer, manufacturer, distributor and marketer of industrial-grade products and services.
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