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KENDALL INTERNATIONAL, INC. ANNOUNCES REFINANCING PLAN

 MANSFIELD, Mass., Dec. 22 /PRNewswire/ -- Kendall International Inc. announced today that it is in discussions with bankers with respect to the refinancing of its existing bank debt and outstanding senior subordinated notes, to avail itself of more favorable terms. The company's decision to proceed with such a refinancing will be subject to, among other things, agreement on mutually acceptable terms and market conditions.
 Kendall International, Inc. (formerly CDK Holding Corporation), whose common stock was listed in the NASDAQ National Market earlier this month, manufactures, markets and distributes disposable medical supplies and devices for hospital, alternate site health care and home health care markets, as well as adhesive products and tapes for industrial and consumer markets. The company has sales exceeding $750 million and employs approximately 8,800 people worldwide.
 -0- 12/22/92
 /CONTACT: James S. Bacciocco of The Kendall Company, 508-261-8045/


CO: Kendall International, Inc. ST: Massachusetts IN: MTC SU: RCN

TM -- NE010 -- 9204 12/22/92 14:28 EST
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Publication:PR Newswire
Date:Dec 22, 1992
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