Fresenius scales up forward start after demand
Fresenius has completed syndication of its forward start facility, which includes a $1bn term loan ‘A’, and has increased the size of the deal after high demand, paving the way for the refinancing of its loan due in September 2013. Bankers have expanded the tranches by $600m and €160m, respectively, taking the term loan ‘A’ to $1bn from $500m, and also adding to other tranches.
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