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TASC Improves Cash Flow with Refinanced Credit Facility

TASC has amended its current senior secured credit facility worth $675 million, consisting of “a term loan of $575 million and a revolving line of credit of $100 million.”

“TASC is pleased to have lowered the interest rate obligations and improved our cash flow, ” CFO Wayne Rehberger said. “With this refinancing transaction, TASC will have more financial flexibility for the future.”

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