Fresenius Medical to launch revolver and term A extension on Sept. 8

By Sara Rosenberg

New York, Aug. 24 - Fresenius Medical Care AG & Co. KGaA is scheduled to hold a bank meeting on Sept. 8 to launch an amendment and extension of its revolver and term loan A bank debt, according to a market source.

Specifically, the company is looking to extend its $1 billion revolver and $1.3 billion term loan A to March 2013 from March 2011, the source said.

Bank of America and Deutsche Bank are the lead banks on the deal.

Fresenius is a Bad Homburg, Germany-based provider of products and services for individuals undergoing dialysis.

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