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Financings in Brief: U.S. Surgical

This article was originally published in The Gray Sheet

Executive Summary

U.S. Surgical: Establishes a five-year, $325 mil. credit facility to replace an existing loan arrangement scheduled to expire in January 1997. The new facility, arranged by J.P. Morgan, NationsBank, Bank of America, and The Bank of New York, "was substantially oversubscribed with lending commitments received in excess of $600 mil.," USSC says...
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