DST Systems extends maturity date of term loan to October 2014

By Marisa Wong

Madison, Wis., Aug. 28 - DST Systems, Inc. amended its term loan agreement dated Oct. 28, 2011 with Bank of America, NA to extend the maturity date to Oct. 28, 2014, according to an 8-K filing with the Securities and Exchange Commission.

DST also removed a provision under the $125 million term loan requiring prepayment of the loan upon the incurrence of additional debt.

DST entered into the second amendment to its term loan agreement on Aug. 23.

The company is based in Kansas City, Mo.

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