E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/1/2010 in the Prospect News Bank Loan Daily.

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.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.