Here are four things to know:
1. Integra’s bank group is led by Bank of America.
2. The company’s credit facility will increase from $1.5 billion to $2.2 billion and its existing $1 billion revolving line of credit will remain the same.
3. Integra plans to use $700 million of the loan and borrowings from its existing revolving facility to finance its purchase of Codman Neurosurgery from Johnson & Johnson.
4. The incremental term loan will be available once the Codman Neurosurgery acquisition is completed.
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