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Bio-Rad Laboratories gets $200 million amended and restated revolver
By Sara Rosenberg
New York, June 25 - Bio-Rad Laboratories Inc. closed on a $200 million amended and restated revolving credit facility due June 21, 2014, according to an 8-K filed with the Securities and Exchange Commission on Friday.
JPMorgan acted as the lead arranger, bookrunner and administrative agent on the deal that was completed on June 21.
There is a $100 million accordion feature.
Proceeds will be used to make permitted acquisitions, for working capital and for other general corporate purposes.
Bio-Rad is a Hercules, Calif.-based manufacturer and supplier of products and systems used to separate complex chemical and biological materials and to identify, analyze and purify their components.
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