TRW Automotive says completes credit agreement

Newswire

NEW YORK, Dec 21 (Reuters) - TRW Automotive Holdings Corp. said on Tuesday it completed an agreement to refinance about $1.7 billion of its existing $2.0 billion credit facilities. The automotive supplier said the refinancing was done with $1.9 billion of new credit facilities. The new facilities consist of a $900 million revolving credit facility, a $400 million tranche A term loan facility and a $600 million tranche B term loan facility, it said in a statement.

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