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PerkinElmer Reaches Deal for $1B Credit Facility

NEW YORK – PerkinElmer said after the close of the market on Tuesday that it has entered into an agreement for a new $1 billion unsecured revolving credit facility available through Sept. 17, 2024.

The credit facility replaces the unsecured credit facility dated Aug. 11, 2016 for $1 billion, PerkinElmer said in a document filed with the US Securities and Exchange Commission.

Bank of America is the administrative agent, swing line lender, and line of credit issuer for the new agreement. JP Morgan Chase Bank and Wells Fargo Bank are the co-syndication agents, while BofA Securities, JP Morgan Chase Bank, and Wells Fargo Securities are the joint lead arrangers and joint bookrunners.

Last week, the Waltham, Massachusetts-based company said it would redeem all of its outstanding 5 percent unsecured notes due in 2021, and offer $850 million in aggregate principal 3.3 percent senior notes due in 2029.

The Scan

Interfering With Invasive Mussels

The Chicago Tribune reports that researchers are studying whether RNA interference- or CRISPR-based approaches can combat invasive freshwater mussels.

Participation Analysis

A new study finds that women tend to participate less at scientific meetings but that some changes can lead to increased involvement, the Guardian reports.

Right Whales' Decline

A research study plans to use genetic analysis to gain insight into population decline among North American right whales, according to CBC.

Science Papers Tie Rare Mutations to Short Stature, Immunodeficiency; Present Single-Cell Transcriptomics Map

In Science this week: pair of mutations in one gene uncovered in brothers with short stature and immunodeficiency, and more.