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Published on 12/18/2012 in the Prospect News Bank Loan Daily.

Heartland Payment Systems ups revolver by $90 million to $140 million

By Toni Weeks

San Diego, Dec. 18 - Heartland Payment Systems, Inc. increased the commitments under its revolving credit agreement by $90 million to $140 million on Dec. 12, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The existing lenders increased their commitment under the second amended and restated credit agreement dated Nov. 24, 2010 with JPMorgan Chase Bank, NA as administrative agent, swingline lender and issuing bank.

The lenders include Keybank NA, Bank of America, NA, Wells Fargo Bank, NA and Suntrust Bank.

Princeton, N.J.-based Heartland provides bank card payment processing services to merchants in the United States.


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