Hillenbrand HI has
successfully replaced its $400 million revolving credit facility, which was
due to expire in early 2013, with a new $600 million multi-currency revolving
facility. The new credit facility has a five-year term.
"This new credit facility provides us additional financial flexibility to
support both our acquisition strategy and ongoing operations," said Kenneth A.
Camp, President and Chief Executive Officer of Hillenbrand. "The enhanced
features allow us to more efficiently provide capital to our growing
international operations in their local currencies," he added.
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