Huron Consulting Group Amends Credit Facility With BofA, Others
Huron Consulting Group Inc., a provider of business consulting services, announced it has amended its senior secured credit facility with Bank of America, as lender, administrative agent and collateral agent; and JP Morgan Chase Bank, PNC Bank, BMO Harris Bank, KeyBank, Fifth Third Bank, The Northern Trust Company, RBS Citizens, The PrivateBank and Trust Company, FirstMerit Bank, Northbrook Bank & Trust Company, Compass Bank, Associated Bank, The Huntington National Bank and U.S. Bank as lenders.
Among other terms, the amendment:
“The amended credit facility provides us with the capacity for our strategic long-term goals as we look to grow our practices,” said C. Mark Hussey, chief financial officer, Huron Consulting Group. “It also allows us to take advantage of the current credit market and obtain more favorable pricing. We are delighted to continue our strong relationship with Bank of America and JPMorgan Chase, and are very pleased with the ongoing support from our syndicate of lenders.”