Nycomed takes Eu450m from senior, creates second lien

24 Nov 2006

Norwegian pharmaceutical company Nycomed was forced to introduce a second lien tranche on its Eu5.7bn leveraged loan yesterday (Thursday) after the senior part of the facility failed to attract enough bank investors.

The transaction had been intended as an all-senior deal to finance Nycomed's Eu4.215bn buy-out of German drug ...

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