November 25, 2009 (FinancialWire) — Carpenter Technology Corp. (NYSE: CRS) said it has closed a $200 million syndicated credit facility. The three year revolving line of credit replaces a five year $150 million revolver due to expire in August, 2010 and a $50 million accounts receivable securitization facility due to expire in March, 2010. The new facility, comprised of nine lenders, was substantially oversubscribed prior to allocations, according to Carpenter.

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