04:02 PM EST - CAE Inc. : announced the conclusion of an agreement to refinance its existing credit facility due to expire in July 2010. The new agreement is a committed three-year revolving credit facility of $450 million U.S. with an option to increase to a total amount of up to $650 million U.S. The new revolving credit facility will expire in April 2013. The facility will be used for general corporate purposes and to facilitate growth opportunities, the company said. CAE Inc.
shares T.CAE are trading up $0.06 at $10.31.
