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Mylan Pre-pays $196 Mln In Bank Term-loan Borrowings Due In 2011

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Mylan Inc. (MYL) announced that, in late December 2009, the company pre-paid $196 million in bank term-loan borrowings that were due in 2011. As a result, the company has no term-loan obligations coming due until 2012.

Separately, the company announced that, during the fourth quarter of 2009, it realized litigation-related cash recoveries in excess of $52 million.

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