Mehilainen privately places €150 million add-on term loan B

By Sara Rosenberg

New York, Jan. 19 – Mehilainen allocated a privately placed fungible €150 million add-on term loan B due August 2025 (B2/B/B+), according to a market source.

Pricing on the add-on term loan is Euribor plus 362.5 basis points with a 0% floor, and it was issued at par, the source said.

Barclays and Danske are the joint physical bookrunners on the deal. Danske is the agent.

Proceeds will be used for general corporate purposes, including funding acquisitions.

Mehilainen is a Finland-based private health care and social health care provider.

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