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Article: AmeriPath, Inc. Announces Increased Commitment to Credit Facility.
- Article from:
- Business Wire
- Article date:
- June 21, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Medical Writers
RIVIERA BEACH, Fla.--(BUSINESS WIRE)--June 21, 2001
AmeriPath, Inc. (Nasdaq:PATH), the leading national provider of cancer diagnostics, genomic, and related information services, today announced an increase of committed funding from $230 million to $282.5 million under its existing credit facility. Citicorp, USA, Inc. has committed $37.5 million and has agreed to serve as documentation agent for the credit facility. Credit Suisse First Boston has committed $15 million.
James C. New, Chairman and Chief Executive Officer commented, "This $52.5 million addition to the credit facility provides the Company with ...