Grifols Reports Senior Secured Note Private Placement And RCF Extension
T-Reuters
12 Dec 2024
Grifols SA :Reports Private Placement Of Senior Secured Notes And Revolving Credit Facility Extension.Private Placement Of Eur 1.3 Billion Of 7.125% Senior Secured Notes Due In May 2030 At Par.Net Proceeds To Be Used, Together With Cash On Hand, To Redeem In Full Notes Due In Feb 2025, Fully Clean Down Revolving Loans Maturing In Nov 2025, General Corporate Purposes.Also 18-Month Extension Of Majority Of Its Existing Multi-Currency Revolving Credit Facility And Upsize Rcf.Credit Facility With New Maturity In May 2027.Closing Of Notes And Rcf Extension Expected On Or Around Dec 19, And Will Be Leverage Neutral.
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