Fresenius eying HY bonds, loans for acquisition
German healthcare company Fresenius is looking to raise a high yield bond that will, alongside an underwritten loan facility and an equity piece of up to €1bn, finance its €3.1bn acquisition of all outstanding shares in Rhön-Klinikum.
Deutsche Bank, JP Morgan, Société Générale, Credit Suisse and UniCredit have committed financing for the takeover, according to a company statement.
The loan has been underwritten and will be syndicated alongside the acquisition, according to a loans banker at one of the banks.
A planned equity contribution will
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