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Actionable news in FLS: FLOWSERVE CORPORATION,

Entry into a Material Definitive

On October14, 2015, Flowserve Corporation, a New York corporation (the Company), entered into a second amendment (the Amendment) to its existing credit agreement, dated August20, 2012, as supplemented or otherwise modified from time to time (the Credit Agreement). The parties to the Credit Agreement are the Company, Bank of America, N.A., as swingline lender, letter of credit issuer and administrative agent, and the other lenders party thereto.

The Amendment made changes to the Credit Agreement to:

1)

extend the maturity date of the term loan facility and the revolving credit facility to October14, 2020, from October4, 2018;

2)

decrease the sublimit for commercial letters of credit to $250 million, and the sublimit for financial standby letters of credit to $125 million;

3)

decrease the sublimit for performance letters of credit to $750...


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