Henry Schein (HSIC +1.4%) says it's locked in a facility agreement of up to $300M with The Bank...

|About: Henry Schein, Inc. (HSIC)|By:, SA News Editor

Henry Schein (HSIC +1.4%) says it's locked in a facility agreement of up to $300M with The Bank of Tokyo-Mitsubishi UFJ based on the securitization of its accounts receivable. The company plans to use the new facility for funding new potential acquisitions, as well as for capital expenditures, the repurchase of the company's capital stock and permitted refinancing of existing debt.