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OPKO Health opts to reduce loan commitments to $100 million
By Marisa Wong
Morgantown, W.Va., May 17 – OPKO Health, Inc.’s wholly owned subsidiary, Bio-Reference Laboratories, Inc., has decided to permanently reduce its aggregate commitment under its credit agreement dated Nov. 5, 2015 to $100 million from $175 million, according to an 8-K filing with the Securities and Exchange Commission.
Bio-Reference gave notice of its election to administrative agent JPMorgan Chase Bank, NA on May 14.
OPKO Health is a Miami, Fla.-based diversified health care company.
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