Forest Laboratories (FRX -0.2%) negotiates a new credit agreement with JPMorgan Chase Bank,...

|About: Forest Laboratories, Inc. (FRX)|By:, SA News Editor

Forest Laboratories (FRX -0.2%) negotiates a new credit agreement with JPMorgan Chase Bank, entering into a five-year unsecured $750M revolving credit facility which expires in December 2017. The new agreement replaces the company’s prior $500M revolving credit facility which was scheduled to expire today.