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Article: A&D Pharma Signs EUR 100 Million Club Loan Pact
- Article from:
- Wireless News
- Article date:
- August 21, 2009
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Wireless News
08-21-2009
A&D Pharma Signs EUR 100 Million Club Loan Pact
Type: News
A&D Pharma Holdings, a Dutch holding company that owns an integrated pharmaceutical wholesale, marketing and sales, and retail business in Romania, has announced that it has signed a new EUR 100 million loan agreement with a consortium of five lending banks.
The new club loan agreement replaces a previous EUR 100 million loan arranged by Citibank N.A. London with a syndicate of 11 banks. The new agreement was signed on July 30th, and came into effect on August 12, upon the maturity date of the old loan agreement. The new loan agreement will expire on July 30th, 2012.
The loan has been granted to ...