Dollar Thrifty Amends $231M Credit Facility

Dollar Thrifty Automotive Group has amended its senior secured credit facility.

Dollar Thrifty Automotive Group has amended its senior secured credit facility. Under the altered credit line, the U.S. holding company’s ability to borrow under the $231.3 million revolving loan portion of the facility has been fully restored.

The maturity date of both the revolving credit facility and the term loan B facility will remain unchanged to June 2013, in conjunction with the alteration. Deutsche Bank Trust Company Americas was the administrative agent on the transaction.

Click here for the release from PR Newswire.