date:Jul 16, 2013
dit commitments to $40 million from $25 million.
The refinancing and the retirement of the term loan are expected to result in a decrease in interest expense of approximately $1 million in the first 12 months following the transaction, principally reflecting the elimination of interest on the term loan, lower costs for outstanding letters of credit, and elimination of the amortization of the cost of an interest rate hedge and the amortization of deferred financing costs related to the retired t