ResMed amends credit agreement, increases revolver to $400 million

By Toni Weeks

San Diego, Jan. 26 - ResMed Inc. amended its credit agreement with a syndicate of banks to increase the maximum amount available for borrowing under its revolving credit facility to $400 million from $300 million, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

Union Bank, NA is the administrative agent, swingline lender and letter-of-credit issuer. HSBC Bank USA, NA is the syndication agent. Both banks are also lenders, along with Commonwealth Bank of Australia and Wells Fargo Bank, NA.

San Diego-based ResMed Inc. is a developer, manufacturer and marketer of products for the diagnosis and treatment of sleep-disordered breathing.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.