Butler Animal repays all obligations outstanding under credit agreement

By Tali David

Minneapolis, Feb. 22 - Butler Animal Health Supply, LLC, a majority-owned subsidiary of Henry Schein, Inc., repaid all of the outstanding obligations under its credit agreement on Feb. 21, according to an 8-K filed with the Securities and Exchange Commission.

The Butler credit agreement provided for a $50 million revolving credit facility and a $100 million term loan, which were scheduled to mature in December 2014, and a $216 million term loan that was scheduled to mature in December 2015.

JPMorgan Chase Bank, NA, is administrative agent for the lenders.

Butler Animal is a Dublin, Ohio-based distributor of veterinary supplies.

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