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James River amends revolver with GECC, ups credit line to $75 million
By Susanna Moon
Chicago, April 21 - James River Coal Co. increased its revolving line of credit on April 15 to $75 million from $65 million under the amended credit agreement with General Electric Capital Corp. as administrative and collateral agent, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The letter of credit subfacility also was lifted to $75 million from $65 million.
The lender commitments are as follows: General Electric Capital Corp. for $41,923,077; GE Capital Commercial Inc. for $10 million and UBS Loan Finance LLC for $23,076,923.
James River is a coal mine based in Richmond, Va.
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