Endo, which has about 500 employees in this area, said it would use that money with cash and other borrowing under a new credit facility to complete its acquisition of American Medical Systems Holdings Inc.

Endo announced on April 11 that it had acquired AMS, which makes urinary and pelvic devices.

The $2.9 billion deal is now scheduled to close in the second quarter of this year, according to Blaine Davis, Endo's vice president for corporate affairs.    - David Sell