Chemed updates credit agreement

• Chemed Corp. (NYSE:CHE +0.1%) enters into an amended and restated credit agreement. Terms of the agreement include a five-year $350M revolving credit facility and a $100M amortizable term loan. The interest rate is 30-day LIBOR plus 1.25%. The agreement has an expansion feature that provides the company the opportunity to increase its revolver and/or enter into term loans for an additional $50M.