CryoLife in pact with GE Healthcare Financial Services - Consumer Finance Hub

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HOME :: RESEARCH :: CREDIT :: NEWS:: MAR 2008
CryoLife in pact with GE Healthcare Financial Services

CryoLife Inc. has inked a $15 million line of credit with GE Healthcare Financial Services. The Kennesaw, Ga.-based biomaterials, medical device and tissue processing company (NYSE: CRY) said the credit is for working capital, acquisitions and other corporate purposes. The credit agreement expires in March 2011. "This credit facility further enhances the financial flexibility of the company and allows us to continue to evaluate opportunities that create value for our shareholders," said Steven G. Anderson, president and CEO of CryoLife.

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