Grifols completes its debt-refinancing in record time and with strong acceptance for EUR 5,800 million
(WorldNews Spain)

November 15, 2019 Grifols completes its debt-refinancing in record time and with strong acceptance for EUR 5,800 million Print this news Download the press release The company concludes the debt-refinancing of its senior secure debt The new financing includes Term Loan B (TLB) for USD 2,500 million and EUR 1,360 million, both aimed at institutional investors; the issue of a bond for EUR 1,675 million (Senior Secured Notes); and extension of a multi-currency revolving credit facility up to USD 500 million This debt-refinancing optimizes Grifols` financial structure and significantly improves all financing conditions. It also provides with greater flexibility on the conditions of the covenants...