May 12 (Reuters) - Safeguard Scientifics Inc-
* Safeguard Scientifics enters into new $75 million secured credit facility
* Safeguard Scientifics Inc- credit facility has a three-year term with a scheduled maturity of may 11, 2020 and bears interest at a floating rate
* Safeguard Scientifics Inc - at closing, company drew $50 million under credit facility.
* Safeguard Scientifics - proceeds from new facility to be used to repurchase/repay portion of co’s 5.25% convertible senior debentures due may 2018 Source text for Eikon: Further company coverage: