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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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