TORONTO--(BUSINESS WIRE)--April 14, 2005--GE Commercial Finance Corporate Lending today announced it has provided a $65 million CAD senior secured revolving credit facility to leading Canadian pharmaceutical distributor Rep-Pharm. The financing, which closed on Feb. 18, replaces an existing facility previously arranged by GE Commercial Finance. GE Commercial Finance is the sole lead agent for the facility and will hold the entire amount. With headquarters and distribution centers in Quebec and Ontario, Rep-Pharm is one of Canada’s largest distributors of prescription pharmaceuticals, narcotics, and seasonal OTC products. The company’s network of regional distribution centers enables it to reach customers in all markets with a minimum of delay.
