Ampco-pittsburgh corporation announces closing of amended and restated credit facility

Carnegie, pa.--(business wire)--ampco-pittsburgh corporation (nyse: ap) (the "corporation") announced today that it has entered into an amended and restated revolving credit, term loan and security agreement (the "credit facility") consisting of a $100 million, five-year asset-backed revolving line of credit and a $13.5 million term loan. the proceeds from the term loan were fully utilized to reduce borrowings on the revolving portion of the credit facility at closing. pnc capital markets llc a.
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