Hologic secures $75 million loan

Women's imaging vendor Hologic of Bedford, MA, said that it has secured a $75 million credit facility with Bank of America and J.P. Morgan Chase Bank.

The agreement provides for a $75 million senior unsecured revolving credit facility to the firm, due January 23, 2007, to fund a portion of the cash purchase price for its acquisition of Suros Surgical Systems and for general corporate purposes. The company is scheduled to complete the Suros acquisition this Thursday, July 27.

By AuntMinnie.com staff writers
July 26, 2006

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