NDCHealth amends loan to revise leverage ratio, gets OK for revolver draw

By Sara Rosenberg

New York, Feb. 24 - NDCHealth Corp. amended its senior credit facility, revising the total leverage ratio for the third quarter of fiscal 2005, and received lender approval to make an additional borrowing under its revolver, according to a company news release.

As was previously disclosed, because of certain events of default, the company had to gain approval from its senior lenders for any additional borrowing under the revolver.

Merrill Lynch Capital is administrative agent on the deal.

NDCHealth is an Atlanta-based information solutions company.

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