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Prospect News home > News index > List of issuers C > Headlines for Celgene Corp. > News item
Published on 7/15/2015 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Celgene gets commitment for $5 billion bridge loan to finance merger

By Susanna Moon

Chicago, July 15 – Celgene Corp. obtained a commitment for a $5 billion bridge loan facility with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC, according to an 8-K filing with the Securities and Exchange Commission.

The company entered into the commitment letter Tuesday for it planned merger with Receptos, Inc.

The global biopharmaceutical company is based in Summit, N.J.


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