May 7, 2010 (FinancialWire) — Integrated Electrical Services, Inc. (NASDAQ: IESC) said it has amended and extended its existing $60 million senior unsecured revolving credit facility that was scheduled to mature on May 12, 2010.

The company amended and extended its credit facility with two of the members of the original bank group, Bank of America, N.A. (NYSE: BAC) and Wells Fargo Capital Finance, LLC (NYSE: WFC), to May 12, 2012.

According to Integrated, the amended credit facility improves liquidity and debt covenants. On April 30, the company also prepaid $15 million of principal on its $25 million term loan facility, eliminating $1.65 million of annualized interest payments.

Texas-based Integrated Electrical Services is a provider of electrical and communications contracting solutions for the commercial, industrial and residential markets.

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