Mead Johnson increases revolver to $750 million, extends maturity

By Marisa Wong

Madison, Wis., June 30 – Mead Johnson Nutrition Co. and wholly owned subsidiary Mead Johnson & Co., LLC amended their five-year revolving credit facility dated June 17, 2011 to increase the amount available for borrowing to $750 million from $500 million, according to an 8-K filing with the Securities and Exchange Commission.

The amendment, completed on June 27, also extends the maturity date to June 2019 from June 2016.

The facility may be further increased from time to time up to $1 billion.

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

Mead Johnson is a Glenview, Ill.-based pediatric nutrition company.

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