Woodward lifts revolver to $400 million, extends maturity to 2017

By Susanna Moon

Chicago, Jan. 4 - Woodward, Inc. said it upsized its revolving credit facility to $400 million and pushed out the maturity by five years to January 2017.

The facility also includes a $200 million accordion that allows boosting the total commitments to $600 million.

The size was increased from $225 million.

The Fort Collins, Colo.-based company, formerly Woodward Governor Co., is a designer, manufacturer and service provider of control products for the aerospace and energy markets.

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