Henry Schein announced the extension of several existing credit facilities, totaling $1,775 million. The facilities include a committed $500 million revolving credit facility that is extended through September 2019, and a committed $300 million facility agreement with The Bank of Tokyo-Mitsubishi UFJ, which is extended through April 2017 based on the securitization of certain A/R.

The facility’s lead arrangers and co-bookrunners were JPMorgan Securities and HSBC Bank USA.

The company’s private placement shelf agreements that are increased by an additional $200 million to $975 million, and extended through September 2017. These shelf agreements are uncommitted and continue to be maintained with three leading insurance companies.

“We are happy to announce the extension of our credit facilities at attractive rates, which in combination with our strong cash flow, provide us with additional flexibility to take advantage of acquisition and share repurchase opportunities, as well as use them for general corporate purposes,” said Steven Paladino, EVP and CFO of Henry Schein. “These facilities support our long-term internal and acquisition growth strategies while maintaining a strong capital structure.”

Melville, NY-headquartered Henry Schein is a provider of healthcare products and services to office-based dental, animal health and medical practitioners.