Core-Mark Holding, a marketer of fresh and broad-line supply solutions to the convenience retail industry in North America completed the 10th amendment of its credit facility to increase the size from $600 million to $750 million.

The maturity of the credit facility has been extended to March 2022. The amendment also includes an expansion feature to increase the facility an additional $200 million to a total of $950 million. The amendment revised the formula for the company’s borrowing base to allow for additional borrowing against eligible inventory.

According to a related 8-K, JPMorgan Chase Bank served as administrative agent. JPMorgan Securities and Bank of Montreal served as co-lead arrangers. JPMorgan Chase Bank, Bank of Montreal and Wells Fargo Capital Finance served as co-syndication agents and Bank of America served as documentation agent.

“Our expanded credit facility provides further strategic flexibility as we build on our position as the premier marketer of fresh and broad-line supply solutions to the convenience retail industry,” said Christopher M. Miller, chief financial officer. “We appreciate the support and commitment of our bank syndicate group on this transaction, which we believe reflects our track record of solid growth and disciplined financial management.”