Grifols cuts pricing but Picard won’t flex
Spanish healthcare firm Grifols has tightened the pricing on the $3.4bn loan backing its takeover of US firm Talecris by 25bp, while bookrunners on the Eu675m senior debt facility backing the Eu1.5bn buy-out of Picard Surgelés, the French frozen foods company, have ruled out a reverse-flex.
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