Barnes Group Inc. (NYSE:B) announced that it has entered into a new five-year, $500,000,000 senior unsecured revolving credit agreement. This new financing agreement replaces the Company's existing $400,000,000 facility that was to expire in September 2012. Bank of America, N.A. is the Administrative Agent for the 15 lenders participating in the new 5-year facility. The facility will be used for working capital, capital expenditures and other corporate purposes.
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(B, DFT, MJGCF, EVR) Stocks in Focus by BestOtc.com
October 8th, 2011 at 09:35 am