DURA Automotive Announces Amendment to Its Senior Secured Revolving Credit Facility
ROCHESTER HILLS, Mich.--Feb. 2, 20058, 2005--DURA Automotive Systems, Inc. , announced today that it has completed an amendment to its senior secured revolving credit facility. The amendment ensures DURA covenant relief over the next six quarters and will provide the company with significantly improved liquidity.DURA Automotive Systems, Inc., is the world's largest independent designer and manufacturer of driver control systems and a leading global supplier of seating control systems, engineered assemblies, structural door modules and integrated glass systems for the global automotive industry. The company is also a leading supplier of similar products to the North American recreation and specialty vehicle markets. DURA sells its automotive products to every North American, Japanese and European original equipment manufacturer (OEM) and many leading Tier 1 automotive suppliers. DURA is headquartered in Rochester Hills, Mich. Information about DURA and its products is available on the Internet at www.duraauto.com.