Integer Reduces Interest Rates Through Amendments to Senior Secured Credit Facilities
(WorldNews Health)

PLANO, Texas, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE: ITGR), a leading medical device outsource manufacturer, today announced that as a result of its strong financial performance and favorable debt markets, the company has successfully completed amendments to its Senior Secured Credit Facilities. The amendments are estimated to reduce Integer`s cost of borrowing by $3.5 million annually, based on today`s outstanding debt. Amendment highlights: Reduced the applicable interest rate margins by 25 basis points across the leveraged-based pricing grid for both its $200 million Revolving Credit Facility and $277 million Term...