Arbitron Inc. Announces $150 Million Unsecured Revolving Credit Facility

By Matthew Kennedy
Benzinga Staff Writer
November 22, 2011 9:00 AM

Symbols: ARB

Arbitron Inc. (NYSE: ARB) announced it has entered into a five-year, $150.0 million unsecured revolving credit facility. This credit facility replaces Arbitron's existing $150.0 million revolving credit facility, which was scheduled to mature in December 2011.

The facility will be available for working capital requirements and general corporate purposes, which may include permitted acquisitions, share repurchases, and payment of dividends.

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Arbitron Inc. Announces $150 Million Unsecured Revolving Credit Facility

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