Motorcar Parts of America Increases Credit Facility (MPAA)

Motorcar Parts of America, Inc. MPAA today announced an increase of $15.0 million to its existing $35.0 million revolving credit facility with Union Bank, N.A. and Branch Banking & Trust Company. At its March 31, 2011 fiscal year end, the company had no debt outstanding on its revolving credit facility and $7.5 million outstanding on its term loan.