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Takeda to repay $1.7 billion term loan due 2025
By William Gullotti
Buffalo, N.Y., Oct. 8 – Takeda Pharmaceutical Co., Ltd. intends to repay the remaining amounts due under a $1.7 billion term loan due Dec. 2025 with proceeds from its upcoming Oct. 14 bond issue, according to a 6-K filing with Securities and Exchange Commission.
The term loan was incurred in connection with the company’s acquisition of Shire plc in 2019.
The pharmaceutical company is based in Osaka, Japan.
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