Merit Medical finances dialysis portfolio buy with credit facility

Chicago, June 8 – Merit Medical Systems, Inc. said that it financed the acquisition of a portfolio of dialysis catheter products from AngioDynamics, Inc. with a $100 million draw on its long-term credit facility, according to an 8-K filing with the Securities and Exchange Commission.

Merit entered into the asset purchase agreement on June 8.

South Jordan, Utah-based Merit makes disposable medical devices used in interventional and diagnostic procedures.

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