ResMed gets $75 million amended and restated revolver

By Sara Rosenberg

New York, March 17 - ResMed Corp. closed on a $75 million amended and restated revolving credit facility due March 1, 2011, according to an 8-K filed with the Securities and Exchange Commission Friday.

Union Bank of California is the administrative agent on the deal.

Borrowings under the revolver can carry an interest rate of Libor plus 75 to 100 basis points, depending on leverage.

The amendment and restatement was completed on March 13.

ResMed is a Poway, Calif.-based designer, manufacturer and marketer of equipment for the diagnosis and treatment of sleep-disordered breathing and other respiratory disorders.

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