Visteon Corporation (NYSE: VC) announced today that it is seeking to amend and extend its $350 million term loan due in 2021 to a new seven-year term loan maturing in 2024, to, among other things, reduce the margin applicable to the term loans. The company is also seeking to extend and upsize its existing $200 million revolving credit facility due in 2019 to a proposed $300 million, maturing in 2022.
Visteon Corporation (NYSE: VC) announced today that it is seeking to amend and extend its $350 million term loan due in 2021 to a new seven-year term loan maturing in 2024, to, among other things, reduce the margin applicable to the term loans. The company is also seeking to extend and upsize its existing $200 … Continued