09:51 AM EST - The Churchill Corporation : announced that it has negotiated improved terms and conditions for its $200 million senior secured revolving credit facility. The syndicate of lenders remains the same and the Revolver continues to include a $75-million accordion feature. Changes to the Revolver, which became effective July 12, 2012, include a 25-basis-point reduction in the applicable interest rate, a one-year extension of the facility (new maturity date of July 12, 2016), and additional flexibility on consents regarding dividends and acquisitions. The Churchill Corporation
shares T.CUQ are trading unchanged at $12.37.
