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VWR International amends loan, lowering pricing on euro term loan B
By Sara Rosenberg
New York, Jan. 31 - VWR International Inc. amended its credit facility, lowering the interest rate on its euro term loan B to Libor plus 225 basis points, according to an 8-K filed with the Securities and Exchange Commission Wednesday.
In addition, the amendment allows for specified cash dividends and payments or distributions to make cash interest payments on the company's senior floating-rate notes due 2011.
The amendment was completed on Jan. 29 and became effective on Jan. 30.
Deutsche Bank is the administrative agent on the deal.
VWR is a West Chester, Pa.-based distributor of laboratory products.
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