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Published on 7/8/2020 in the Prospect News Bank Loan Daily.

KBR converts revolver capacity to $1 billion, up from $500 million

By Taylor Fox

Chicago, July 8 – KBR Inc. has converted its revolving credit capacity to $1 billion, replacing its $500 million performance letter-of-credit capacity under its existing credit agreement, according to a news release.

Aggregate capacity under the credit agreement will remain at $1.795 billion.

KBR is a Houston-based provider of comprehensive solutions for aerospace and defense, energy and chemicals, intel and data science and federal and civilian markets.


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