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Curium readies launch of $590 of term loans for Thursday
By Sara Rosenberg
New York, Oct. 13 – Curium Bidco Sarl is set to hold a lender call on Thursday to launch $590 million of term loans, according to a market source.
J.P. Morgan Securities LLC, Barclays, Deutsche Bank Securities Inc. and Nomura are the leads on the deal.
The debt consists of a $265 million first-lien term loan B (B2/B/B+) and a $325 million second-lien term loan (Caa2/CCC+/CCC+), the source said.
Proceeds will be used to help fund the acquisition of the company by CapVest Fund IV and third-party investors from CapVest Fund III.
Curium is a nuclear medicine company with headquarters in London and Paris.
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