TRW Automotive Holdings has completed refinancing its $US2.5bn credit facilities.

The new credit facilities are comprised of a $1.4bn revolving credit facility, a $600m term loan A facility and a $500m term loan B facility.

TRW expects to incur charges related to the transaction of approximately $8m during the second quarter of 2007.

JP Morgan Securities Incand Banc of America Securities acted as joint lead arrangers on the transaction, TRW said.

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