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Atlas Financial unit amends loan facility to extend maturity
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AtlasFinancial Holdings Inc. unit American Insurance Acquisition Inc.amended its $35 million loan facility with Fifth Third Bank to extend thematurity date of the $5 million revolving line of credit to May 7, 2018, fromMay 7, 2016.
The amendment also extends the draw period on the $30million draw loan to Dec. 31 from March 9 and permits certain preferred stockredemptions.