Henry Schein Increases Its Available Credit Facilities By $375 Million

Henry Schein, Inc.

today announced that it has increased its existing $400 million private placement shelf facilities by an additional $375 million. The Company entered into or amended these shelf agreements with three leading insurance companies. These shelf facilities are uncommitted and will, subject to the terms and conditions set forth in each, allow the Company to issue senior promissory notes to the lenders at fixed rate terms to be agreed upon at the time of issuance during a three-year period through April 2015. The term of each possible issuance will be selected by Henry Schein and may range from five to 15 years (with an average life no longer than 12 years). The proceeds of any issuances under the facilities can be used for general corporate purposes, including working capital and capital expenditures, to refinance existing indebtedness and/or to fund potential acquisitions. Currently, Henry Schein has drawn $200 million under these facilities and now has $575 million remaining available.