Integrated Electrical Services (IESC +4%) gains after amending its credit and security agreement...

|About: Integrated Electrical Servi... (IESC)|By:, SA News Editor

Integrated Electrical Services (IESC +4%) gains after amending its credit and security agreement to include a new two-year, $5M term loan and a one-year extension of the revolving credit facility to August 9, 2016. It plans use the proceeds to retire the $10M in senior notes held by Tontine Capital Overseas Master Fund II.