Hill International Increases Revolving Credit Facility with Bank of America to $60 Million

Hill International, the global leader in managing construction risk, announced that it has entered into an amendment to its existing revolving credit agreement with Bank of America, N.A., increasing the limit of Hill’s revolving credit facility from $35 million to $60 million.

“This expansion of our credit facility with Bank of America is an important next step,” said Irvin E. Richter, Hill’s Chairman and Chief Executive Officer. “The increased borrowing capacity will give us the capital we need to continue our aggressive growth strategy,” Richter added.

Hill International, with 2,100 employees in 80 offices worldwide, provides program management, project management, construction management, and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 11th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.