Comforce amends revolving credit facility, pushing out maturity to 2012

By Sara Rosenberg

New York, Nov. 3 - Comforce Corp. amended its revolving credit facility, extending the maturity date to November 2012 from July 2010, according to a news release.

In addition, the amendment reduced the size of the revolver to $95 million from $110 million.

Also, pricing on the revolver was increased to Libor plus 275 basis points with a 1.5% Libor floor, and the unused fee increased to 37.5 bps from 25 bps.

PNC Bank is the administrative agent on the deal.

Comforce is a Woodbury, N.Y.-based provider of outsourced staffing management services, specialty staffing and consulting services.

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