6.              Financing Agreements

As of March 31, 2012, we (i) had $6.7 outstanding letters of credit under the revolving credit facility, (ii) were in compliance with all covenants set forth in the credit agreement for the credit facility, and (iii) had $194.3 of remaining borrowing capacity available under the credit facility.  Under the Distribution Agreement with Hill-Rom Holdings, Inc., our ability to borrow using the credit facility for certain strategic transactions such as acquisitions may be limited.  The term of the revolving credit facility expires in March 2013; therefore, the full amount outstanding under the facility has been classified as a current liability.  We plan to enter into a new revolving credit facility agreement prior to the termination of the current facility.  The weighted-average interest rate was 0.7% for the three- and six-month periods ended March 31, 2012 and 2011.

As of March 31, 2012, our Swiss subsidiary maintained additional availability of $19.4 through local credit facilities collateralized by cash or real property.  There were no borrowings under these facilities as of March 31, and availability was reduced by $7.5 for outstanding bank guarantees.  We had $9.3 additional outstanding letters of credit and bank guarantees with other financial institutions and restricted cash of $1.3 at March 31, 2012.

On July 9, 2010, we issued $150.0 fixed-rate senior unsecured notes due July 15, 2020 (the Notes).  The Notes bear interest at a fixed rate of 5.5%, payable semi-annually in arrears commencing January 15, 2011.  The Notes were issued at an original issue discount of $1.6, which is being amortized to interest expense over the term of the Notes using the effective interest rate method, resulting in an annual interest rate of 5.65%.  Deferred financing costs of $2.1 are being amortized to interest expense over the term of the Notes.