Air Transport Services Group (ATSG)  increased the revolving portion of its secured credit facility by $100 million to $275 million, the $275 million is revolving credit portion of a $325 million credit facility that ATSG completed in May 2011. The facility, which is secured against aircraft, also consists of an amortizing term loan. The maturity date of the revolver and the term loan has been extended by twelve months to May 2021. As of March 2016, there was $240 million of debt against the revolver. The recent increase also includes a further $100 million accordion feature, which could boost the revolver to $525 million with the approval of the banks on the deal. SunTrust is the lead bank on the facility. ATSG will use the proceeds to support the growth of its freighter leasing and support businesses, as well a share repurchase programme.