Qiagen NV

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Debt Financing / Related

Qiagen Concludes Syndicated Revolving Credit Facility For Eur 400 Million

Published: 12/18/2020 07:47 GMT
Qiagen NV (QGEN) - Said on Thursday Concluded Syndicated Revolving Credit Facility for EUR 400 Million.
Interest Rate is Linked to Company's Environmental, Social and Governance Rating.
Transaction Was Significantly Oversubscribed by Eleven Banks.
Facility Will Run for Three Years and Each Lender Will Be Able to Extend This Period by One Year Two Times.
It Replaces a Facility of Same Amount That Runs Until December 2021 and Will Be Used for General Corporate Purposes Including Potential Acquisitions.