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Published on 10/13/2020 in the Prospect News Bank Loan Daily.

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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