TransMontaigne amends revolver, allowing for increase to $200 million

By Sara Rosenberg

New York, July 18 - TransMontaigne Operating Co. Inc. amended its revolving credit facility, increasing the amount of credit permissible to $200 million from $150 million, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

In addition, a $50 million accordion feature was added to the deal.

The amendment was completed on July 12.

Wachovia is the administrative agent on the deal.

TransMontaigne is a Denver-based refined petroleum products terminaling and pipeline company.

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