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Fundraise Feb 2010 · Norwalk, CT Verified

EMCOR Group Refinances Credit Facility

EMCOR Group, Inc. entered into a Second Amended and Restated Credit Agreement establishing a $550 million revolving credit facility, with an option to increase it by $100 million. The company also terminated its existing Term Loan Agreement and paid off approximately $195 million in outstanding indebtedness.

“On February 4, 2010, EMCOR Group, Inc. (the “Company”), Comstock Canada Ltd., a wholly-owned subsidiary of the Company (“Comstock”), and EMCOR Group (UK) plc., a wholly-owned subsidiary of the Company (“EMCOR UK”), entered into a Second Amended and Restated Credit Agreement (the “Credit Agreement”) dated as of February 4, 2010 with Bank of Montreal, as Agent, and certain other lenders listed on the signature pages thereof (collectively, the “Lenders”).”

Entities

EMCOR Group Inc. · Sponsor Bank of Montreal · Lender
ElectricalHVACPlumbing Sentiment: Neutral

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