Mediq on hand to cure supply woes as levfin bankers look to October

27 Sep 2012

Private equity firm Advent said on September 24 that it had put in place a committed financing to support its proposed takeover of listed Dutch pharmacy chain Mediq, as leveraged finance bankers finally reported signs of life in the pipeline and expressed hope for a busier October.

Although the identity of Mediq’s arranging banks has not been disclosed, at least five are already involved in an advisory capacity.

Deutsche Bank is acting as lead financial adviser to Advent, with Rabobank and BNP Paribas also acting as financial advisers to the sponsor. ING was financial adviser ...

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