ConvaTec Healthcare Postpones Plans to Refinance Secured Term Loans
Skillman, NJ (March 17, 2011) - ConvaTec Healthcare, a world-leading developer, manufacturer and marketer of innovative medical technologies for community and hospital care, today announced that, following a review of current conditions in the credit markets, it is postponing the refinancing of its senior secured term loans originally entered into on December 22, 2010.
ConvaTec is a leading developer and marketer of innovative medical technologies. With four key focus areas - Ostomy Care, Wound Therapeutics, Continence and Critical Care, and Infusion Devices - ConvaTec products support healthcare professionals from the hospital to the community health setting. From its operational headquarters in Skillman, New Jersey, the company conducts business in over 100 countries, serving consumers and their health care professionals on six continents.
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