Skip to main content
Premium Trial:

Request an Annual Quote

Waters Amends Credit Agreement with JP Morgan

NEW YORK (GenomeWeb) – Waters has entered into an amendment of its credit agreement with JP Morgan Chase Bank.

In a document filed on Thursday with the US Securities and Exchange Commission, Waters said that the amendment would increase revolving commitments from $1.1 billion to $1.3 billion, extend the maturity of loans and other obligations under the agreement, and provide for certain changes in the interest rate margins and fees.

The firm said it plans to use future borrowings for general corporate purposes.

The amendment is to a $1.4 billion debt financing credit agreement from 2013. As of April 23 the total amount outstanding under the agreement prior to the amendment was approximately $1 billion.