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Published on 6/2/2017 in the Prospect News Bank Loan Daily.

Federal Signal lifts revolver to $400 million, ups Canadian loans

By Marisa Wong

Morgantown, W.Va., June 2 – Federal Signal Corp. amended its amended and restated credit agreement on Friday to increase the aggregate borrowing capacity under its revolver to $400 million from $325 million, according to an 8-K filing with the Securities and Exchange Commission.

The company also increased Canadian dollar-denominated borrowings available under its revolver to C$100 million from C$85 million.

Wells Fargo Bank, NA is administrative agent under the credit agreement.

Federal Signal is an Oak Brook, Ill.-based provider of environmental and safety solutions.


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