Home » BAUSCH & LOMB GETS FINANCING FOR REPATRIATION FUNDS
BAUSCH & LOMB GETS FINANCING FOR REPATRIATION FUNDS
Bausch & Lomb (BOL.N: Quote, Profile, Research) said on Wednesday it has completed a loan agreement that will allow the company to retrieve up to $805 million in foreign profits before the end of 2005. Bausch & Lomb said it has entered into an agreement with a number of parties including Citigroup Global Markets Limited, J. P. Morgan Plc and Keybanc Capital Markets for a five-year, $375-million unsecured bank credit facility. The credit facility involves a syndicate of 10 banks.
KEYWORDS FDAnews Drug Daily Bulletin
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