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Milacron amends loan, relaxing cumulative consolidated EBITDA requirements
By Sara Rosenberg
New York, Aug. 1 - Milacron Inc. amended its credit facility, relaxing the cumulative consolidated EBITDA requirements, providing additional flexibility in connection with certain foreign credit facilities and allowing for investments by foreign subsidiaries in other foreign subsidiaries, according to an 8-K filed with the Securities and Exchange Commission Monday.
The amendment was completed Friday.
JPMorgan Chase Bank is the administrative agent on the deal.
Milacron is a Cincinnati-based supplier of plastics-processing technologies and industrial fluids.
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