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Massey Energy gets $200 million amended and restated revolver
By Sara Rosenberg
New York, Nov. 8 - Massey Energy Co. closed on Monday on a $200 million amended and restated asset-based revolving credit facility due May 2015, according to a 10-Q filed with the Securities and Exchange Commission.
There is a $50 million accordion feature.
The facility replaces a $175 million asset-based revolver.
Currently there are $76.4 million of letters of credit issued under the amended and restated revolver and no outstanding borrowings.
Massey Energy is a Richmond, Va.-based coal company.
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