Sybron seeks $250 million revolver

By Sara Rosenberg

New York, March 3 - Sybron Dental Specialties Inc. is currently in-market with a $250 million five-year revolving credit facility, according to a syndicate document.

Credit Suisse and Bank of America are the joint lead arrangers on the deal.

Price talk on the revolver is Libor plus 62.5 basis points with a 15 bps commitment fee, the document said.

Proceeds from the revolver, which launch with a bank meeting on Thursday, will be used to refinance the company's existing credit facility that was comprised of a $150 million revolver and a $200 million term loan when first obtained.

Sybron is an Orange, Calif., manufacturer of high technology dental, dental implant and infection prevention products.

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