E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/2/2005 in the Prospect News Bank Loan Daily.

Tenneco ups revolver, reduces B-1 letter-of-credit facility

By Sara Rosenberg

New York, May 2 - Tenneco Automotive Inc. increased its revolving credit facility size to $300 million from $285 million while reducing its tranche B-1 letter-of-credit/revolving loan facility size to $155 million from $170 million, according to an 8-K filed with the Securities and Exchange Commission Monday.

The modification was completed on April 29.

Tenneco is a Lake Forest, Ill.-based producer of automotive emission control and ride control systems and products.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.