Hologic

Hologic announces $75 million senior unsecured credit facility

Published in Telemedicine Business Week, August 23rd, 2006

Hologic, Inc., (HOLX), a provider of diagnostic imaging and digital imaging systems directed towards women's health, announced it has entered into a credit agreement with Bank of America, NA, as administrative agent, and JP Morgan Chase Bank, National Association as syndication agent.

The credit agreement provides for a $75 million senior unsecured revolving credit facility to the company due January 23, 2007 to fund a portion of the cash purchase price for the acquisition of Suros Surgical Systems, Inc., and for general corporate purposes. The engagement for the facility contemplates a syndication to increase the amount to $150 million and the term to 5 years.

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Source: Telemedicine Business Week (2006-08-23)

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