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Lannett pays down credit revolver saving $5.5M in annual interest expense

Mar. 30, 2017 7:10 AM ETLannett Company, Inc. (LCINQ) StockBy: Douglas W. House, SA News Editor2 Comments
  • Lannett Compnay (NYSE:LCI) voluntarily made a $25M payment against its revolving credit facility. It says the pay down, along with an earlier $75M payment, will save it ~$5.5M in annualized cash interest expense.

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Lannett Company, Inc.