StanCorp Financial extends $250 million revolver by one year to 2017

By Angela McDaniels

Tacoma, Wash., June 19 - StanCorp Financial Group, Inc. amended its $250 million four-year senior revolving credit facility on Tuesday to extend the expiration date by one year to June 22, 2017, according to an 8-K filing with the Securities and Exchange Commission.

The amendment also lowered the letter-of-credit commitment to $15 million from $25 million.

Wells Fargo Bank, NA is the administrative agent.

StanCorp is a Portland, Ore.-based holding company for insurance and asset management subsidiaries.

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