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Mehiläinen boosts refi size to roll up existing debt

Virology coronavirus hospital from PA 28 Feb 20 575x375

Finnish healthcare provider Mehiläinen increased the size of its ESG-linked refi loan from €300m to €1.06bn, refinancing not just the second lien loan, as originally intended, but the company’s entire first lien capital structure. Leads HSBC and Jefferies also tightened the margin range from launch levels.

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