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Published on 11/12/2002 in the Prospect News Bank Loan Daily.

EDO obtains $140 million revolver

New York, Nov. 11 - EDO Corp. said it obtained a $140 million revolving credit facility.

The new facility can be increased to $200 million under certain conditions.

Interest is at Libor plus 125 basis points.

Up to $125 million can be used for acquisition financing and $125 million for letters of credit.

Citibank, NA was administrative agent, Fleet National Bank was syndication agent and Wachovia Bank, NA was documentation agent.

The revolver replaces EDO's existing $69 million credit facility.


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