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Carlisle increases revolver to $1 billion revolver, extends to 2022
By Wendy Van Sickle
Columbus, Ohio, Feb. 24 – Carlisle Cos. Inc. upsized its revolving credit facility to $1 billion from $600 million and extending its maturity to Feb. 21, 2022 from Dec. 12, 2018, according to an 8-K filing with the Securities and Exchange Commission.
The changes were effected via a Tuesday amendment to the company’s credit agreement dated Oct. 25, 2011 with JPMorgan Chase Bank, NA as administrative agent.
The amendment also added customary bail-in provisions applicable to the lenders under the credit agreement.
Carlisle is a diversified manufacturing company based in Charlotte, N.C.
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