National Beef amends, gaining $50 million of incremental bank debt

By Sara Rosenberg

New York, March 27 - National Beef Packing Co. LLC amended its senior credit facility, increasing the available credit under the facility by $50 million, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

More specifically, the term loan was increased by $40 million to $202.6 million and the revolver was increased by $10 million to $170 million.

The amendment is effective as of March 21.

Co-Bank is the administrative agent on the deal.

National Beef is a Kansas City-based meatpacker.

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