Avaya gets agreement to extend ABL and cash-flow revolvers to 2016

By Sara Rosenberg

New York, June 10 - Avaya Inc. has received commitments to extend its $335 million ABL senior secured revolving credit facility to October 2016 from Oct. 25, 2013, according to an 8-K filed with the Securities and Exchange Commission on Friday.

In addition, the company has received commitments to extend its $200 million cash flow revolver to October 2016 from Oct. 25, 2013.

Citibank is the administrative agent on the revolvers.

Avaya is a Basking Ridge, N.J., enterprise communications systems, software and services company.

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