Mesa Laboratories amends, ups four-year facility to $125 million

By William Gullotti

Buffalo, N.Y., Oct. 10 – Mesa Laboratories, Inc. amended its four-year senior secured credit agreement with JPMorgan Chase Bank, NA as administrative agent on Oct. 5, according to an 8-K filing with the Securities and Exchange Commission.

The revolver’s capacity was expanded to $125 million from $75 million.

The filing indicated that the only other facility amendments were of an administrative nature to accommodate business changes.

No amounts are presently outstanding under the facility, which may be used to refinance certain existing debts, for working capital needs and for general corporate purposes.

Mesa Laboratories is a Lakewood, Colo.-based designer, manufacturer and marketer of quality-control instruments and disposable products.

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