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Alliance One amends credit facility to allow sale of $200 million notes
New York, Feb. 23 - Alliance One International, Inc. said it amended its credit agreement to allow for the sale of $200 million of senior notes.
The changes also give the company up to 30 days from the receipt of proceeds from the note offering to make a mandatory prepayment of the credit facility, according to an 8-K filing with the Securities and Exchange Commission.
Wachovia Bank, NA is administrative agent for the facility.
Alliance One is a Morrisville, N.C.-based leaf tobacco company.
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