BRIEF-John Bean Technologies enters into fourth amendment to credit agreement dated as of Feb 10, 2015 – Reuters

Posted: May 17, 2017 at 1:33 am

May 15 John Bean Technologies Corp

* John Bean Technologies- on May 9, co, John Bean Technologies B.V., others entered into fourth amendment to credit agreement dated as of Feb 10, 2015

* John Bean Technologies - credit agreement allows co to temporarily increase maximum allowable leverage ratio under credit agreement from 3.5x to 4.0x

* John Bean Technologies - fourth amendment amends leverage ratio increase option to expand qualifying event, was previously single permitted acquisition having consideration in excess of $100 million Source: (bit.ly/2pBKXSP) Further company coverage:

* SAYS JV WITH INTERNATIONAL SEAWAYS HAS SIGNED CONTRACT FOR 5 YEARS FOR THE FSO AFRICA AND FSO ASIA IN DIRECT CONTINUATION OF THE CURRENT CONTRACTUAL SERVICE

May 17 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

* Downbeat U.S. housing data offsets strong manufacturing report

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BRIEF-John Bean Technologies enters into fourth amendment to credit agreement dated as of Feb 10, 2015 - Reuters

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