LabOne ups revolver to $150 million, adds three lenders to bank group

By Sara Rosenberg

New York, Dec. 11 - LabOne Inc. increased commitments under its revolving credit facility to $150 million from $100 million and added three banks to its lending group. J.P. Morgan Securities Inc. and Wachovia Securities Inc. are the co-lead banks on the deal.

Bank of America, U.S. Bank, Wells Fargo Bank, Citibank, National City Bank of Kentucky, Commerce Bank and The Northern Trust Co. have all committed to the upsized revolver as well, according to a company news release.

LabOne is a Lenexa, Kan., diagnostic services provider.

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