Subsequent Events

3 Months Ended

Mar. 31, 2016

Subsequent Events

Subsequent Events

9. Subsequent Events

On April 20, 2016 we entered into a Third Amended and Restated Credit Agreement which increased the revolving credit facility to $890.0 million from $700.0 million and extended the term to April 2021.    This $890 million revolving credit facility has an accordion feature up to $1 billion.  The initial interest rate on the facility is LIBOR plus 2.75%.  Quarterly, the interest rate is adjusted based on the Company’s leverage ratio, as calculated under the terms of the revolving credit facility.