Laboratoire Eimer, CAB to sell €1 billion of seven-, eight-year notes

By Marisa Wong

Los Angeles, Jan. 28 – Laboratoire Eimer and CAB SAS plan to price €1 billion of notes in two tranches, according to a notice.

CAB plans to price €750 million of seven-year non-callable three-year senior secured notes (B2/B-), and Laboratoire Eimer plans to sell €250 million of eight-year non-callable three-year senior unsecured notes (Caa1/CCC/CCC+).

J.P. Morgan AG, BNP Paribas, Natixis, Citi, Credit Agricole CIB, Deutsche Bank, Goldman Sachs International and HSBC are the managers.

The notes will be listed on the Luxembourg Stock Exchange.

Laboratoire Eimer is the top entity that indirectly owns the French lab testing group CAB.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.