Gerresheimer refinances early with Eu400m loan

10 Mar 2011

Drug packaging manufacturer Gerresheimer has secured EU400m of funding in an underwritten five year loan. The facility is split into a Eu150m term loan and a Eu250m revolving credit line.

The loan will be used to refinance a post-IPO loan of Eu450m initially signed in 2007 and set to mature in 2013. The Eu275m term loan and Eu175m revolver was agreed with a syndicate of 14 banks led by Commerzbank and Royal Bank of Scotland as bookrunners.

The ...

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