US based United Refining said it has secured $175m credit facility, following the amended and restated credit agreement.

The agreement led by PNC Bank, will allow the company to increase its current revolving credit facility from $130m to $175m.

The company intends to use the funds for working capital needs and general corporate purposes.

Other banks involved in the transaction include National Association, Bank of America, Manufacturers and Traders Trust Company and Bank Leumi.

United owns and operates a 70,000 bpd refinery and operates 366 Kwik Fill / Red Apple and Country Fair retail gasoline and convenience stores in New York and western Pennsylvania, US.