Ceva retains pricing premium on euros, Grifols does without

Ceva Sante Animale launched an €818m transatlantic loan package on Monday, as it seeks to refinance the capital structure it set up in 2007. But while another transatlantic deal — $4.8bn for Spanish pharmaceuticals company Grifols — achieved the same margin on its euro and dollar tranches late last week, Ceva has retained the traditional 25bp premium on the euro debt over the dollars.