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Published on 11/18/2011 in the Prospect News Bank Loan Daily.

Kratos amends facility to lift size to $90 million, add PNC as lender

By Jennifer Chiou

New York, Nov. 18 - Kratos Defense & Security Solutions, Inc. entered into an amendment on Nov. 14 to its credit agreement with KeyBank NA as lead arranger, bookrunner and administrative agent, bringing the size of the senior secured revolving credit facility to $90 million from $65 million, according to an 8-K filing with the Securities and Exchange Commission.

The San Diego-based defense contractor also added PNC Bank, NA as a lender.


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