(Bloomberg) -- Brookfield Asset Management is asking banks to backstop up to €9.5 billion ($10.6 billion) of debt for its potential take-private deal for...
-- Brookfield Asset Management is asking banks to backstop up to €9.5 billion of debt for its potential take-private deal for Spanish pharmaceutical producer Grifols SA, according to people with knowledge of the matter.The Toronto-based investor has asked banks to put up the funds to refinance Grifols ’ existing debt, which includes loans and high-yield bonds, according to the people, who cannot be named because the talks are private.
The debt-raising plans follow the firm saying last month that Brookfield and the Grifols family had agreed to consider a bid. Grifols, a blood-plasma maker with a market cap of about €5.5 billion, has been struggling to recover from a short-seller attack in January. Brookfield and a representative for the family declined to comment. Press officers for Grifols didn’t respond to calls and text messages.
Vietnam Basa Fish Export Research Report 2024-2033: Basa Fish Output is Forecast to Reach 1.7 million Tons in 2024, a 2.8% increase from 2023, with an Export Value Reaching US$ 2 Billion The popularity of lip augmentation and cheek and chin correction among both genders is increasing, which is supporting the expansion of the dermal fillers industry in the United States.Wilmington, Delaware, United States, Transparency Market Research Inc. -, Aug. 21, 2024 -- The U.S. dermal fillers market was projected to attain US$ 1.4 billion in 2023. It is likely to garner an 8.4% CAGR from 2024 to 2034, and by 2034, the market is expected to attain US$ 3.
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