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BD Inks $750M Term Loan Deal

Industry news | 10 October, 2018 | CACLP
Becton Dickinson disclosed this week it has entered into a $750 million, 364-day term loan agreement.
 
Wells Fargo is the administrative agent of the agreement for the senior unsecured term loan facility, which was disclosed in a document filed with the US Securities and Exchange Commission. Franklin Lakes, New Jersey-based BD said that borrowings under the facility were used to partially refinance a three-year term loan agreement inked in May 2017 with Citibank and other lenders.
 
The new loan agreement was reached on Sept. 6.
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