Amerigroup amends loan, increasing letter-of-credit sub-limit

By Sara Rosenberg

New York, Dec. 3 - Amerigroup Corp. amended its credit facility, raising the letter-of-credit sub-limit to $50 million from $25 million, according to an 8-K filed with the Securities and Exchange Commission Monday.

The amendment was completed on Nov. 30.

Wachovia is the administrative agent on the deal.

Amerigroup is a Virginia Beach, Va., managed health care company.

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