Finance

AmeriPath plans to refinance its existing credit facilities

Published in Health and Medicine Week, December 19th, 2005

AmeriPath, Inc., announced that it is proceeding with its plan to refinance its senior secured credit facilities in connection with the merger agreement with Specialty Laboratories, Inc., (SP), which was announced by AmeriPath on September 30, 2005.

The company previously received a commitment letter pursuant to which Wachovia Bank, National Association, Citigroup Global Markets, Inc., Deutsche Bank Trust Company Americas and UBS Loan Finance LLC have committed, subject to the terms and conditions set forth in the commitment letter, up to $298.5 million in senior secured credit facilities.

The facilities consist of a $203.5 million term loan and a...

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Source: Health and Medicine Week (2005-12-19)

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