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Universal Technical Institute

UTI lifts revolver 60% to US$200m as letter-of-credit capacity...

Universal Technical Institute has replaced its existing US$125m bank facility with a US$200m senior secured revolving credit line, increasing committed borrowing capacity by 60% and extending its maturity to August 2031. The new five-year facility is led by Fifth Third...

#Fifth Third Bank#JPMorgan#Letters of Credit

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