Catamaran’s credit facility paid off, canceled as part of acquisition

By Wendy Van Sickle

Columbus, Ohio, July 23 – Catamaran Corp.’s credit facility was paid off and terminated in conjunction with the company’s combination with OptumRx, a subsidiary of UnitedHealth Group Inc., according to an 8-K filed with the Securities and Exchange Commission.

The agreement dated July 2, 2012 with JPMorgan Chase Bank, NA as administrative agent, was terminated Thursday.

The combination of Catamaran, a Schaumburg, Ill.-based pharmacy benefit management company, and OptumRx will operate as OptumRx

UnitedHealth is a health company based in Minnetonka, Minn.

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