Omnicare repays $25 million of revolver borrowings

By Sara Rosenberg

New York, May 1 - Omnicare repaid $25 million of the revolver borrowings it drew down to temporarily fund the acquisition of NCS HealthCare by March 31.

The Covington, Ky. provider of pharmacy services borrowed $499 million for the acquisition.

Omnicare said it is currently evaluating longer-term financing options.

dj Orthopedics prepays $20 million of term debt

By Sara Rosenberg

New York, May 1 - dj Orthopedics Inc. made a $20 million prepayment of principal on its term loans during the first quarter. The prepayment is expected to save the company about $700,000 annually in net interest expense.

The Vista, Calif. orthopedic sports medicine company was able to make this prepayment due to "continuing growth in cash balances", according to a news release.

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