LeCroy Corp. (LCRY) Establishes New $75M Revolver

August 9, 2011 9:24 AM EDT
LeCroy Corporation (Nasdaq: LCRY) has reached agreement with its lending partners, RBS Citizens Bank and M&T Bank, to establish a new $75 million revolving line of credit through August 8, 2016, replacing the Company's former $50 million credit facility.

The new credit line also includes an additional $15 million "accordion" provision.


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