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FMC Technologies enters into amended $1.5 billion revolving facility
By Jennifer Chiou
New York, Aug. 6 - FMC Corp. entered into on Aug. 5 an amendment to its credit agreement with Citibank, NA as administrative agent that provides for a $1.5 billion revolving credit facility, according to an 8-K filing with the Securities and Exchange Commission.
There is an option to increase the total commitments to $2.25 billion, the filing noted.
The company also extended the termination date by one year to Aug. 5, 2017.
The global chemical company is based in Philadelphia.
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