Visteon Receives Amendment From Lenders

Visteon Receives Amendment From Lenders
Deadline For Delivery of Financial Statements Extended 


VAN BUREN TOWNSHIP, Mich., May 20  /PRNewswire-FirstCall/ -- Visteon
Corporation (NYSE:VC) has reached agreement with a syndicate of lenders to
amend certain terms of its $1.6 billion credit facilities.

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These credit facilities consist of a 364-day revolving credit facility in the
amount of $565 million that expires on June 17, 2005; a 5-year revolving credit
facility in the amount of $775 million; and a 5-year term loan in the amount of
$250 million.  Both 5-year facilities expire in June 2007.  Under the
amendment, the syndicate of lenders agreed to extend the deadline for the
company to deliver its first quarter 2005 financial statements from June 9,
2005 until July 29, 2005.  Under the amendments, the syndicate of lenders
agreed to change certain terms under the definition of "Pricing Grid."  All
other terms and conditions remained unchanged.

Visteon Corporation is a leading full-service supplier that delivers
consumer-driven technology solutions to automotive manufacturers worldwide and
through multiple channels within the global automotive aftermarket.  Visteon
has about 70,000 employees and a global delivery system of more than 200
technical, manufacturing, sales and service facilities located in 24 countries.


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DATASOURCE: Visteon Corporation



CONTACT:  Media Inquiries: Kimberly Welch, [phone],

E-mail:  , or Investor Inquiries: Derek Fiebig,

[phone], E-mail: , both of Visteon Corporation



Web site:  http://www.visteon.com/ 

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