Summary of PROVIDENCE & WORCESTER RAILROAD CO/RI/

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PWX > SEC Filings for PWX > Form 8-K on 24-Jan-2013

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Form 8-K for PROVIDENCE & WORCESTER RAILROAD CO/RI/

24-Jan-2013

Creation of a Direct Financial Obligation or an Obligation

ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On January 22, 2013, Providence and Worcester Railroad Company (the "Company") and Commerce Bank & Trust Company agreed to extend the maturity of a $5 Million unsecured line of credit facility (the "Loan Facility") pursuant to an Allonge to Promissory Note extending the maturity date to June 25, 2015. No amounts are outstanding under the Loan Facility as of this date.

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