BofA Leads Extension of Hill International Credit Facility
Hill International, a provider in managing construction risk, announced that it has entered into a two-year extension of its $100 million senior credit facility with a consortium of banks led by Bank of America as administrative agent. Other banks involved in the consortium are The Private Bank & Trust Co., PNC Bank and Capital One. The extended facility expires on March 31, 2014.
“The extension of our current credit facility provides Hill with stability and predictability in our borrowing situation for the next few years,” said Irvin E. Richter, Hill’s chairman and CEO.
Hill International, with 3,200 employees in 100 offices worldwide, provides program management, project management, construction management and construction claims and consulting services.