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Atnahs Pharma to launch €260 million add-on term loan B on Monday
By Sara Rosenberg
New York, Feb. 6 – Atnahs Pharma UK Ltd. is scheduled to hold a lender meeting on Monday to launch a fungible €260 million add-on covenant-lite term loan B due Aug. 7, 2026, according to a market source.
Barclays, Credit Suisse and HSBC are the physical bookrunners on the deal. KKR Capital Markets is a bookrunner.
Commitments are due at 7 a.m. ET on Feb. 24, the source said.
Proceeds will be used to fund the acquisition of a product portfolio from AstraZeneca and a single product from a large pharma company, and to pay related fees and expenses.
Including the add-on, the term loan will total €614 million.
Atnahs Pharma is a Basildon, U.K., specialty pharmaceutical business focused on the acquisition, development and marketing of mature branded medicines.
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