QuidelOrtho Amends $3.4B Credit Facilities, Resets Covenants Through 2029 With Bank of America

QuidelOrtho entered into Amendment No. 1 to its credit agreement, covering $3.4 billion of senior secured facilities, to reset financial covenants and adjust pricing. The amendment establishes a covenant relief period through September 30, 2029 with revised maximum leverage and minimum interest cov…