Ceva sticks with dual currency model for cov-lite

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Ceva sticks with dual currency model for cov-lite

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The European market will have to wait. After talk that Ceva Santé Animale, the French maker of veterinary vaccines, would raise the first euro-only covenant-lite leveraged loan since the financial crisis, it has now emerged that the €700m transaction will also include a dollar tranche.

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