Orthofix repays $38 million of term debt in 4Q05

By Sara Rosenberg

New York, Feb. 28 - Orthofix International NV repaid $38 million of outstanding term loan debt during the fourth quarter, according to a company news release.

Total payments on the term loan for 2005 were $62 million.

These payments were supported by the company's net cash flow from operations, which totaled $106.7 million in 2005.

Orthofix is a Huntersville, N.C.-based diversified orthopedic products company.

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