Modine Manufacturing Subsidiaries Enter €20M Credit Facility with Deutsche Bank

Modine Holding GmbH and Modine Europe GmbH, subsidiaries of Modine Manufacturing Company, entered into a €20 million revolving credit facility with Deutsche Bank AG on May 15, 2009. The facility is secured by the assets of Modine Holding and its subsidiaries and is available until May 14, 2010.

“On May 15, 2009, Modine Holding GmbH (“Modine Holding”) and Modine Europe GmbH (“Modine Europe”), each a subsidiary of Modine Manufacturing Company (the "Company" or "Modine"), entered into a Credit Facility Agreement (the “Credit Facility”) with Deutsche Bank AG (“Deutsche Bank”).”

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