NEW YORK (Thomson Financial) - HealthTronics Inc. Tuesday said it amended
its senior credit facility, increasing its revolving credit line to $60 million
from $50 million.
The company said the amended facility allowed it to repurchase up to $10
million of its common stock and that it increased the amount of permitted
acquisitions under the acquisitions negative covenant by $5 million to $30
million.
Shares of HealthTronics closed Monday at $2.69. The stock is down about 46%
over the past 52 weeks.
Ryan Vlastelica
rv/vj
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