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Updated: 12/2/2009 4:03 PM					Sponsored by:
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Ducommun secures 5-year $120 million credit line

By Associated Press
June 30, 2009 | Comments (0)

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Aircraft parts maker Ducommun Inc. said Tuesday it has arranged a five-year $120 million unsecured revolving credit facility with a group of banks.

The company said the new credit line replaces a $75 million facility set to mature April 7, 2010.

In a statement, CEO Joseph C. Berenato said the credit agreement will help Ducommun "execute our business plan and promote profitable growth."

Shares fell 22 cents to $18.01 in morning trading.

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