On November 21, Kansas City Southern , together with its wholly-owned subsidiary, The Kansas City Southern Railway Company, as Borrower, KCSR, entered into a restatement agreement with certain subsidiaries named therein as guarantors, various financial institutions and other parties thereto and The maturity of the existing term loans under KCSR’s prior amended and restated credit agreement was extended to 2018 under the Restated Credit Agreement. The maturity of the commitments under KCSR’s existing revolving credit facility (consisting of a $200M revolving credit facility, including a $25M letter of credit facility and a $15M swing line facility, which, in each case, constitute usage under the revolving credit facility) was extended to 2017 under the Restated Credit Agreement.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.