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Wells Fargo Agents Upsize to Federal Signal Credit Facility

June 05, 2017, 07:16 AM
Filed Under: Environmental Services

Federal Signal Corporation executed a First Amendment to Amended and Restated Credit Agreement, by and among the Company and certain of its foreign subsidiaries, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.

The First Amendment provides for, among other things: (a) an increase in the company’s aggregate borrowing capacity under its revolving credit facility from $325.0 million to $400.0 million; and (b) an increase in the borrowings available under the company’s revolving credit facility in denominations of Canadian Dollars from C$85.0 million to C$100.0 million.

The foregoing summary of the First Amendment is not intended to be complete and is qualified in its entirety by reference to the First Amendment, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

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