Integer Holdings gets $220 million incremental term A loans

By Marisa Wong

Los Angeles, Dec. 2 – Integer Holdings Corp. and subsidiary Greatbatch Ltd. entered into an incremental term loan agreement on Dec. 1 with Wells Fargo Bank, NA as administrative agent to amend their existing credit agreement dated Sept. 2, according to an 8-K filing with the Securities and Exchange Commission.

The amendment provides for, among other things, the incurrence of an additional $220 million aggregate principal amount of term A loans.

Proceeds from the incremental loans were used to finance a portion of the purchase price for the acquisition of the equity interests of Oscor, Inc., Oscor Caribe, LLC and Oscor Europe GmbH and to pay fees and expenses in connection with the loan amendment and the acquisition.

Integer is a Plano, Tex.-based medical device outsourcing manufacturer.

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