Fresenius to repay some bank debt with bond proceeds

By Sara Rosenberg

New York, June 18 - Fresenius Medical Care AG & Co. KGaA plans to repay debt under its senior secured credit facility using some of the proceeds from a proposed $500 million senior unsecured notes offering, according to a company news release.

Remaining bond proceeds will be used to repay other short-term debt and for general corporate purposes.

Fresenius is a Bad Homburg, Germany-based dialysis products and services provider.

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