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Pacer International gets amended credit deal

Pacer shares rose 7 cents to $4.05 in regular trading, then jumped 45 cents, or 11.1 percent, to $4.50 in extended trading after announcing the amended credit agreement.

The facility is subject to borrowing base availability, and could offer up to an additional $50 million subject to conditions, which the company didn't detail in a press release.

The maturity date was unchanged at April 5, 2012.

The company said it would release additional details in a regulatory filing with the Securities and Exchange Commission.


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