Dollar Thrifty amends loan to gain flexibility for stock repurchases

By Sara Rosenberg

New York, March 15 - Dollar Thrifty Automotive Group Inc. amended its credit facility, providing additional flexibility for the repurchase of stock, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

In addition, the amendment adjusted self-insurance retention levels and increased non-vehicle capital expenditures.

The amendment was completed on March 9.

Credit Suisse is the lead bank on the deal.

Dollar Thrifty is a Tulsa, Okla., vehicle rental company.

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