 BorgWarner Inc. said Wednesday it reached an agreement with Delphi Technologies PLC to amend the terms of its buyout deal, that will allows Delphi to draw on its revolving credit facility. Shares of Delphi, which specializes in propulsion technologies, soared 10 in premarket trading and auto components maker BorgWarners stock edged up 0.2. On March 31, Delphis stock had plunged 22 after BorgWarner said Delphis decision to draw fully on its 500 million revolver represented a material breach of the buyout agreement, which was announced in late January. On Wednesday, BorgWarner said it consents to Delphis draw down, as long as its revolver borrowings at the time of the buyouts closing doesnt exceed 225 million. The companies also agreed to change the terms of the buyout, with Delphi shareholders now set to receive 0.4307 BorgWarner shares for each Delphi stock they own, down 5 from an original share exchange ratio of 0.4534. Year to date, Delphis stock has lost 23.6 through Tuesday and BorgWarner shares have dropped 37.9, while the SP; 500 has declined 11.2. 