"Change the Status Quo: Re-think your credit facility size"
Refinancing your credit facility can be a burdensome process for any treasury department. Going through the motions and repeating the same exercise every few years can become the norm. When was the last time you evaluated the size of your credit facility? Is your company leaving money on the table by not checking to see if it is still appropriate? Using statistical analysis, Kansas City Southern reduced its credit facility by $200 million, saving ~$400 thousand dollars per year in the process. Find out how your company can streamline the process of testing the size of your credit facility.