RALEIGH, N.C. - Exide Electronics Group Inc. said it had obtained $75 million in new domestic credit facilities, including a three-year revolver and various letter-of-credit facilities.

The co-agents for the facilities are NationsBank and First Union National Bank, both of Charlotte, N.C. The lending group also includes Continental Bank, Long-Term Credit Bank of Japan, and NBD Bank of Detroit. Like NationsBank, they are new lenders for Exide.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.