The firm used about $1.68 billion of proceeds from the new term loans to repay existing secured credit facilities and transaction expenses.
The aggregate commitments for a credit facility reached in September was previously $400 million.
Along with the increase in the amount of the credit facility, its maturity was extended by more than two years to April 1, 2019.
The company's CFO said the agreement reduces Hologic's interest expense, increases its financial flexibility, and extends its debt maturities.
The company has amended and restated a credit facility and a secured revolving note to increase the available borrowing amount for each to up to $120 million.
The financing will go toward commercial and clinical activities to increase adoption of the company's DecisionDx-Melanoma test.
The company borrowed $2 million pursuant to an amendment to a $12 million credit agreement. It also said that it has until June 19 to meet certain listing requirements.
The company drew a first tranche of $8.5 million from the credit facility in July and has $2 million remaining on the term loan commitment.
The loan agreement replaces a prior credit facility from Oxford Finance and Silicon Valley Bank.
The Australian molecular diagnostics firm will use the facility to further commercialize its breast cancer test in the US.
The Hill reports President Donald Trump issued an executive directing federal agencies to cut the number of board and advisory committees they have.
The New York Times reports that researchers are combining tools to more quickly develop crops to feed a growing population and cope with shifting climates.
Scientists in Canada are looking to the UK's plan to sequence children with rare conditions for inspiration, the National Post reports.
In PNAS this week: copy number changes arose during polar bear evolution, genomic and transcriptomic analysis of the Siberian hamster, and more.