According to Morgan Keegan, VCA Antech WOOF price target is lowered to $18.50.
Morgan Keegan said that VCA Antech refinanced its senior credit facility. “The new facility adds $100 million of senior term notes for a total of $581 million and increases the capacity on its revolver from $100 million to $125 million.”
VCA Antech closed yesterday at $17.57.
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