Fresenius pounces on bank appetite for €1.6bn delayed draw

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Fresenius pounces on bank appetite for €1.6bn delayed draw

German healthcare group Fresenius (Ba1/BB+/BB+) is seeking to take advantage of what it sees as "favourable financing conditions" in the bank market to refinance its term loan ‘A’ and revolving credit facility due in September 2013.

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