Belden amends revolver, increasing borrowing availability

By Sara Rosenberg

New York, Dec. 31 - Belden Inc. amended its revolving credit facility, increasing the borrowing availability to $350 million from $225 million, according to an 8-K filed with the Securities and Exchange Commission.

The amendment also allows the company to request additional revolving loans or term loans in an aggregate amount of up to $150 million.

The amendment was completed on Dec. 21.

Wachovia is the administrative agent on the deal.

Belden is a St. Louis-based designer, manufacturer and marketer of signal transmission products for data networking, as well as for consumer electronics, industrial, security and aerospace applications.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.