Allegheny Technologies extends revolver to 2018, amends leverage ratio

By Marisa Wong

Madison, Wis., June 3 - Allegheny Technologies Inc. amended its $400 million senior revolving credit facility to, among other things, extend the expiration date of the commitments to May 31, 2018 and modify the maximum leverage ratio permitted under the facility.

The company entered into a sixth amendment to its credit agreement effecting those changes on May 31, according to an 8-K filing with the Securities and Exchange Commission.

PNC Bank, NA is the administrative agent for the lenders.

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