DELTEK SEEKS REFINANCING

Deltek logoWhen a company is healthy, like Deltek, and is searching for refinancing, I take that as an optimistic sign. In this case, the Reston, Va.-based software vendor proposes to refinance its credit agreement which is comprised by a $151.9 million term loan maturing in April 2011 and April 2013 and a revolving credit facility of $22.5 million that expires in April 2013.

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