amedes launches €740 million term loan B at Euribor plus 400 bps

By Sara Rosenberg

New York, Sept. 30 – amedes (Aragon BidCo GmbH) launched on Thursday its €740 million seven-year first-lien term loan B (B2/B) with price talk of Euribor plus 400 basis points with a 0% floor and an original issue discount of 99.5, according to a market source.

The term loan has 101 soft call protection for six months.

Barclays and JPMorgan are the physical bookrunners on the deal. Credit Agricole, Natixis and UBS are bookrunners.

Commitments are due at noon ET on Oct. 11.

Proceeds will be used to fund the acquisition of the company by a consortium of infrastructure investors comprising OMERS Infrastructure, Goldman Sachs Asset Management and AXA Investment Managers, to refinance certain existing debt and to pay related transaction costs.

amedes is a Germany-based integrated diagnostics provider.

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