KCS Energy amends loan to increase size, extend maturity

By Sara Rosenberg

New York, March 31 - KCS Energy Inc. amended its credit facility, increasing the size to $250 million from $100 million and extending the maturity to March 31, 2009, according to a company news release.

Furthermore, the borrowing base was increased to $185 million from $100 million.

Also, four new commercial lenders joined with the previous lenders to participate in the expanded facility.

KCS is a Houston-based independent energy company.

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