Thomas & Betts Increases Revolving Credit Facility to $750 Million

Thomas & Betts increased its revolving credit facility from $300 million to $750 million, partly to fund the pending acquisition of Lamson & Sessions.

“In October 2007, Thomas & Betts increased the availability under its revolving credit facility to $750 million from $300 million in part to fund the company's pending acquisition of Lamson & Sessions (NYSE:LMS).”

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