Kansas City Southern (“KCS”) (NYSE: KSU) announced today that its wholly-owned subsidiary, Kansas City Southern de Mexico, S.A. de C.V. (“KCSM” or “the Company”), has completed an amendment and extension to its $200 million revolving credit facility. Similar to the amendment announced last week by another KCS subsidiary, The Kansas City Southern Railway Company (“KCSR”), the KCSM amendment achieves the following: (a) Eliminates or modifies a number of restrictive covenants in KCSM’s facilities in order to achieve consistency between KCSM and firms with investment grade credit ratings; (b) Incorporates a “fall-away collateral” provision whereby KCSM’s facilities, which are currently secured, convert to unsecured obligations when investment grade credit ratings are assigned by at least two of the three primary rating agencies (currently, KCSM has one such rating, from Fitch); and (c) Extends the maturity of the revolving credit facility from September 30, 2016, to November 15, 2017. The amendment and extension required a 100% affirmative vote from the eight participating lenders. J.P. Morgan acted as Joint Lead Arranger and Bookrunning Manager and Syndication Agent and Bank of America Merrill Lynch acted as Joint Lead Arranger. “We are very pleased to have completed this amendment to the KCSM revolving credit facility,” commented Mike Upchurch, Kansas City Southern’s Executive Vice President and Chief Financial Officer. “Coupled with last week’s amendment at KCSR, we now have credit facilities that contain investment-grade terms and covenants appropriate for a company with our strong credit profile.” Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS's North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.