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(AMM) Shiloh Industries amends credit agreement

September 03, 2010 - 21:53 GMT Location: CHICAGO

KEYWORDS: Shiloh Industries , automotive , steel blanks

Automotive steel blank producer Shiloh Industries Inc. has amended its credit agreement for the fifth time in order to adjust the effective interest rate and remove certain requirements.

The Valley City, Ohio-based company now has an $80-million revolving credit line that expires in July 2012.

The company's recent positive financial performance allowed it to...

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