PRINCETON, N.J.--(BUSINESS WIRE)--PharmaNet Development Group, Inc. (the “Company”) (NASDAQ: PDGI), a leading provider of clinical development services, today announces that it has successfully reached an agreement with its bank lending group to restore the availability of the Company’s $45 million Senior Secured Credit Facility (the “Credit Agreement”) by obtaining an amendment to waive and amend certain covenants and terms of the Credit Agreement (the “Amendment”).
