NEW YORK (GenomeWeb News) – PerkinElmer said after the close of the market on Friday that it entered into an agreement to provide it a $700 million committed unsecured revolving credit facility through Jan. 8, 2019.
JP Morgan Chase Bank acted as administrative agent on the facility, while Bank of America and Barclays Bank acted as co-syndication agents, PerkinElmer said in a document filed with the US Securities and Exchange Commission. The agreement was reached on Jan. 8 and replaces the second amended and restated and unsecured revolving credit agreement dated Dec. 16, 2011.
The earlier credit agreement provided for a $700 million unsecured revolving credit facility through the fifth anniversary of the closing date, the company said.