Momentive Performance amends revolver to get incremental commitments

By Sara Rosenberg

New York, May 23 - Momentive Performance Materials Holdings LLC amended its revolving credit facility, providing for $199.6 million of incremental commitments, according to an 8-K filed with the Securities and Exchange Commission on Monday.

The commitments will become effective upon the May 31 maturity of the existing revolver and will expire 91 days prior to the company's term loans maturity.

Pricing on the incremental revolver is Libor plus 450 basis points

JPMorgan Chase Bank is the administrative agent on the deal.

The amendment was completed on May 18.

Momentive Performance is a Columbus, Ohio-based specialty chemicals and materials company.

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