Hologic gets $150 million amended and restated revolver

By Sara Rosenberg

New York, Sept. 28 - Hologic Inc. closed on a $150 million amended and restated revolving credit facility due Sept. 24, 2011, according to an 8-K filed with the Securities and Exchange Commission Thursday.

Bank of America acted as the lead bank on the deal.

Pricing on the revolver can range from Libor plus 62.5 to 100 basis points, depending on the company's consolidated leverage ratio.

There is a $50 million accordion feature.

The new facility, which was completed on Sept. 25, replaces the company's previous $75 million revolver that was set to mature on Jan. 23, 2007.

Borrowings are available for working capital, capital expenditures, general corporate purposes and permitted acquisitions.

Hologic is a Bedford, Mass.-based developer, manufacturer and supplier of diagnostic and medical imaging systems.

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