Merck’s Versum takeover loan hits syndication

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Merck’s Versum takeover loan hits syndication

Mike Turner
May 01, 2019 01:30 PM
German Merck 230x150

The loan backing the €5.8bn takeover of Versum Materials by German pharmaceutical firm Merck launched into syndication on Wednesday. Three banks are leading the financing. Versum is the former electronic materials division of Air Products & Chemicals, which was spun off in 2016.

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Mike Turner
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