PORT WASHINGTON, N.Y.--(BUSINESS WIRE)--Feb. 3, 2005--National Medical Health Card Systems, Inc. (Nasdaq: NMHC), a national independent pharmacy benefit manager (PBM), has executed a new five-year, $65 million cash-flow-based line of credit, which replaces the Company’s $40 million asset-based line of credit. Subject to certain conditions, the new line of credit also contains a loan expansion feature of $35 million. The new facility was entered into with a syndicate of commercial banks led by JPMorgan Chase, which also includes Wachovia and HSBC.
