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said, "Medite's bank credit facility is, in our view, a more attractive alternative to the previously proposed Valcor Inc.
Senior secured revolving bank credit facility at 'BB';
The new credit facility, consisting of a $15 million term loan and a $4 million revolving credit facility, replaces United Tote's existing bank credit facility with Manufacturers and Traders Trust Company, which Youbet guaranteed at the time it acquired United Tote in February 2006.
Rogers Wireless maintains a $700 million bank credit facility maturing in 2010 that had $20 million drawn at the end of the first quarter.