Core-Mark Holding amends credit facility, upsizes to $600 million

By Susanna Moon

Chicago, Nov. 7 – Core-Mark Holding Co., Inc. amended its credit facility last Friday to increase the size to $600 million from $450 million, according to a 10-Q filing for the quarter ended Sept. 30 with the Securities and Exchange Commission.

The amendment also includes a $100 million expansion feature, which allows the company to upsize the facility to $700 million.

As of Sept. 30, the company had $150.7 million of borrowing capacity available under its credit facility.

Core-Mark is a San Francisco-based wholesale distributor of packaged consumer products to the convenience retail industry.

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