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: TechAgreements

Pacer International Enters Into New Credit Agreement

By TechAgreements

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easing the restrictive covenants that limit the Company's ability to make investments, acquisitions, and equity distributions and otherwise increasing baskets and threshold amounts throughout the covenants; establishing a long term facility which matures on December 30, 2015; and reducing the number of participating lenders from eleven to two.

Full post as published by TechAgreements on January 05, 2011 (boomark / email).

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