BofA, Wells Fargo Lead Integra Facility Upsize
Integra LifeSciences Holdings announced that it has established new terms under its credit facility, including an increase in the size of the facility and an extended maturity date, with its bank group led by Bank of America and Wells Fargo Bank.
We are extremely pleased to be able to expand our credit facility and extend the term out to 2019, said Glenn Coleman, Integra’s chief financial officer. The added financial flexibility will continue to support our long term growth objectives.
The new credit facility, which amended and replaced the prior one, includes the following terms:
Integra plans to use the new credit facility to refinance the company’s borrowings under its existing facility, and for future acquisitions and general corporate purposes.
Plainsboro, NJ-based Integra LifeSciences offers innovative solutions in orthopedic extremity surgery, neurosurgery, spine surgery, and reconstructive and general surgery.