Monday, November 16, 2009

Westway Grp Announces $175M Sr Debt Offering

Westway Group, Inc. (OTC Bulletin Board: WTWG) announced today the signing of a new 3 year, $175 Million Senior Secured Revolving Credit Facility. The facility is being provided by a nine-bank syndicate led by JPMorgan Chase Bank, N.A. and was arranged by JPMorgan Securities Inc. In addition to JPMorgan Chase Bank, N.A., the syndicate consists of Regions Bank, Capital One, N.A., Compass Bank, Rabobank Nederland, Suntrust Bank, Whitney National Bank, Societe Generale, and CoBank ACB.

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