Unified Increases Credit Line With New Bank

Unified Grocers here said yesterday it has exercised a provision in its current revolving credit agreement that increases the total committed funds available to the company to $275 million from $250 million, using a new bank.

LOS ANGELES — Unified Grocers here said yesterday it has exercised a provision in its current revolving credit agreement that increases the total committed funds available to the company to $275 million from $250 million, using a new bank.

The provision allows Unified to expand the capacity of its existing credit agreement to a maximum of $300 million without changing the favorable terms and conditions of its existing agreement, which expires in 2012, the company said.

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