Zimmer eyes $3B term loan, bonds for $13B Biomet acquisition |
April 25, 2014 | April 2014 Bond Updates |
Zimmer Holdings disclosed this morning that it has obtained commitments for a $3 billion senior unsecured term loan and has entered into a 364-day bridge facility in connection with its planned $13.35 billion acquisition of Biomet. The medical-device company is also planning to fund the acquisition via senior notes and $3 billion of equity. |
View more at: http://www.forbes.com/sites/spleverage/2014/04/24/zimmer-eyes-3b-term-loan-bonds-for-13b-biomet-acquisition/ |
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