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Atnahs Pharma shops €354 million term B at Euribor plus 475-500 bps
By Sara Rosenberg
New York, Sept. 11 – Atnahs Pharma (Antigua Bidco Ltd.) is talking its €354 million seven-year covenant-lite term loan B (B2//B+) at Euribor plus 475 basis points to 500 bps with a 0% floor and an original issue discount of 99, according to a market source.
Barclays is the lead bank on the deal.
Commitments are due on Sept. 25, the source said.
Atnahs is a U.K.-based specialty pharmaceutical company.
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