Alion Science amends revolver, extending maturity and reducing size

By Sara Rosenberg

New York, Sept. 30 - Alion Science and Technology Corp. amended its credit facility, extending the revolver maturity to Oct. 9 and decreasing the revolver size to $25 million from $40 million, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.

The amendment was completed on Sept. 25.

Credit Suisse is the administrative agent on the deal.

In addition, the company said that it is negotiating with existing and potential lenders to refinance or replace its existing revolver and expects to have a facility in place prior to Oct. 9.

Alion is a McLean, Va.-based research and development company whose primary customer is the U.S. government.

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