Warner Chilcott prepays $60 million of term debt, retires $10 million of senior subordinated notes

By Jennifer Chiou

New York, Feb. 27 - Warner Chilcott Ltd. announced that it made an optional prepayment of $60 million under its senior secured credit facility during the fourth quarter ended Dec. 31.

The company also said it purchased and retired $10 million of its senior subordinated notes at a discount in privately negotiated open-market transactions.

Warner Chilcott is a Hamilton, Bermuda-based branded pharmaceutical manufacturer and marketer with offices in Rockaway, N.J.

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