Owens Corning extends facility, increases cap on incremental loans

By Angela McDaniels

Tacoma, Wash., Nov. 17 – Owens Corning amended and restated its credit agreement on Friday to extend the maturity date to Nov. 13, 2020 from Nov. 19, 2018 and to increase the uncommitted incremental loans that are permitted under the facility to $600 million from $200 million, according to an 8-K filing with the Securities and Exchange Commission.

Wells Fargo Bank, NA is the administrative agent.

Owens Corning is a Toledo, Ohio, building materials company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.