Rochester, N.Y.-based Monro Muffler Brake Inc. has gained a new $600 million senior secured credit facility from Citizens Commercial Banking.
The $600 million revolver replaces Monro’s $250 million credit facility, the company said.
The new revolver will be used to refinance debt, fund acquisitions, and for general corporate purposes, Monro said.
Monro has 1,031 company-operated stores in 25 states and 138 franchise locations in 10 states.