trending Market Intelligence /marketintelligence/en/news-insights/trending/_gbblG4cqvEWEPWlGnoG_g2 content esgSubNav
In This List

Boston Scientific secures $2.25B credit facility

Blog

Global Capital Markets & SPAC Activity – H1 2021

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

Insight Weekly: Banks' efficiency push; vacuuming carbon; Big Pharma diversity goals

Blog

The Future of Risk Management Digitization in Credit Risk Management


Boston Scientific secures $2.25B credit facility

Boston Scientific Corp. signed a $2.25 billion senior unsecured credit agreement with several lenders on Aug. 4.

Under the agreement, which refinances the company's 2015 credit facility, Boston Scientific may borrow from time to time up to $2.25 billion in revolving credit loans.

Loans under the agreement will bear interest at the company's option at either the London Interbank Offered Rate or alternate base rate plus an interest margin.

The agreement matures on Aug. 4, 2022, with one-year extension options subject to certain conditions.

Bank of America NA and Wells Fargo Bank National Association are acting as syndication agents with JPMorgan Chase Bank NA acting as administrative agent.