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: TechAgreements

Kar Auction Services Announces Credit Agreement Amendment

By TechAgreements

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The amendment will provide the company the flexibility to use cash on hand to redeem, repurchase, defease or otherwise prepay a portion of its outstanding notes in an aggregate principal amount, together with all accrued and unpaid interest and all fees, premiums, disbursements or expenses (including any dealer manager fees and expenses) incurred in connection with or related to such redemption,..

Full post as published by TechAgreements on November 12, 2010 (boomark / email).

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