Kansas City Southern gets commitment for $371.2 million facility

By Sara Rosenberg

New York, March 23 - The Kansas City Southern Railway Co. has received a commitment for a $371.2 million credit facility to refinance its existing loan, according to an 8-K filed with the Securities and Exchange Commission Thursday.

The Bank of Nova Scotia is the lead bank on the deal.

The facility consists of a $246.2 million term loan and a $125 million revolver.

The commitment is subject to the preparation, execution and delivery of mutually acceptable loan documentation by April 30.

Kansas City Southern is a Kansas City, Mo., freight transporter.

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