Brief: Globus Medical Inc - On September 27, Co With Unit Entered Into Unsecured Credit Agreement

Globus Medical

02/10/2023 21:45

Oct 2 (Reuters) - Globus Medical Inc  GMED.N :
    * GLOBUS MEDICAL INC -  ON SEPTEMBER 27, CO WITH UNIT
ENTERED INTO
UNSECURED CREDIT AGREEMENT
    * GLOBUS MEDICAL INC - CREDIT AGREEMENT PROVIDES FOR
AGGREGATE
COMMITMENT BY LENDERS OF $400 MILLION
    * GLOBUS MEDICAL INC - BORROWERS MAY REQUEST INCREASE IN
REVOLVING
COMMITMENTS IN AGGREGATE AMOUNT NOT TO EXCEED $200 MILLION
    * GLOBUS MEDICAL INC - CREDIT AGREEMENT TERMINATES ON
SEPTEMBER
27, 2028
    * GLOBUS MEDICAL - ON SEPT 27, APPROVED NEW STOCK REPURCHASE
PROGRAM AUTHORIZING CO TO REPURCHASE UP TO ADDITIONAL $350
MILLION OF ITS CLASS A COMMON STOCK

Further company coverage:  GMED.N 

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