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Aviall amends revolver, increasing size and leverage ratio
By Sara Rosenberg
New York, July 14 - Aviall Inc. amended its revolving credit facility, increasing the size to $290 million from $260 million and increasing the maximum leverage ratio to 3.50 to 1:00 from 3.25 to 1:00, according to an 8-K filed with the Securities and Exchange Commission Friday.
The amendment was completed on July 11.
Citicorp is the administrative agent on the deal.
Aviall is a Dallas Fort Worth Airport, Texas-based distributor of commercial and general aftermarket aviation parts.
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