The expansion of the revolver ceiling does not affect the variable interest rate on that portion of the agreement. It currently stands at the Eurodollar Rate plus 2.25 percentage points, based on the schedule in the credit facilities agreement. The credit facility is secured by certain designated aircraft.Joint lead bank responsibilities in the bank consortium are shared by Regions and JPMorgan Chase. Documentation agent responsibilities are assumed by Bank of America.
ATSG Extends, Expands Credit Facility
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