DST Systems increases capacity of credit facility to $630 million

By Jennifer Chiou

New York, July 6 - DST Systems, Inc. entered into a second amendment to its credit agreement with Bank of America, NA on June 30, pushing the aggregate commitments of the lenders to $630 million from $600 million, according to an 8-K filing with the Securities and Exchange Commission.

Bank of America, NA is the as administrative agent, swing line lender and letter of credit issuer.

In addition, the loan was extended to July 1, 2015 and some fees were reduced.

DST is a Kansas City, Mo., provider of information processing and software services.

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