Deleveraging Sanofi trims syndicate for €3bn revolver

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Deleveraging Sanofi trims syndicate for €3bn revolver

Sanofi-Aventis, the pharmaceutical firm, has managed to cut the size of the bank group on its new €3bn facility but demand for the A1/AA-/AA- rated company’s paper has meant that some banks have also joined the syndicate.

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