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Haemonetics enters $700mm loan agreement

Executive Summary

Haemonetics Corp. (blood management devices and services) entered into a $700mm loan agreement, which includes a $350mm unsecured term loan and a $350mm senior unsecured revolving credit facility. Both loans bear interest at an annual rate of LIBOR plus 1.25% and are due in 2023. Proceeds will be used to repay an existing $254mm senior unsecured term loan due June 2019.
Deal Industry
  • Medical Devices
    • Diagnostic Equipment & Supplies
  • Services
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement
    • Nonconvertible Debt

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