VAN BUREN TOWNSHIP, MI -- Citing what it describes as “strong market interest,” Visteon Corp. said this week it expects to increase the size of its planned 18-month secured term loan credit facility to $350 million, up from the previously intended amount of up to $300 million.

Visteon announced Dec. 8 its intentions to replace an existing $300 million short-term secured revolving credit facility, which expired Dec. 15, 2005, with a new 18-month secured term-loan. The new transaction is expected to close early next week. Visteon has appointed JPMorgan Securities and Citigroup Inc. as lead arrangers.

As previously announced, Visteon also intends to seek amendments to the financial and other covenants contained in its existing $775 million multi-year revolving credit facility and its $250 million delayed draw term loan, both of which expire in June 2007, to provide flexibility as the company implements its restructuring plans.

To learn more about Visteon, go to: www.visteon.com .

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