Owens & Minor plans to repay term B loan, revolver via note proceeds

By Taylor Fox

New York, March 2 – Owens & Minor, Inc. plans to repay in full outstanding borrowing under its term B loan and its revolving credit facility, according to a news release.

The transactions will be funded using proceeds from a $500 million offering of senior notes due 2029, expected borrowing under a new revolving credit facility and an amended and upsized receivables securitization facility.

Owens & Minor is a health care logistics company based in Richmond, Va.

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