Perrigo Company plc

NYSE:PRGO   11:56:17 AM EDT
40.61
+0.45 (+1.12%)
Debt Financing / Related

Perrigo Announces Launch Of Syndication Of New Senior Secured Credit Facilities

Published: 03/28/2022 11:37 GMT
Perrigo Company plc (PRGO) - Perrigo Announces Launch of Syndication of New Senior Secured Credit Facilities.
Perrigo Company - Launched Syndication of New Senior Secured Credit Facilities Expected to Consist of a $1,000 Million Five-year Revolving Credit Facility.
Perrigo Company - Senior Secured Credit Facilities Also Expected to Consist of $300 Million 5 Year Term Loan a Facility, $800 Million 7-year Term Loan B Facility.
Perrigo Company -intends to Borrow About $1,600 Million, Inclusive of New Term Loan Facilities and $500 Million of Other Unsecured Debt.
Perrigo Company -intends to Use Net Proceeds of Borrowings, Together With Cash on Hand, to Finance Purchase Price for Acquisition of HÉra Sas.