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Published on 11/14/2016 in the Prospect News Bank Loan Daily.

Mylan’s Meda unit amends loan to omit financial reporting covenant

By Marisa Wong

Morgantown, W.Va., Nov. 14 – Mylan NV subsidiary Meda AB amended its facilities agreement dated Dec. 17, 2014 with Danske Bank A/S as agent to remove a covenant, according to an 8-K filing with the Securities and Exchange Commission.

The amendment eliminates the covenant requiring Meda to deliver its consolidated quarterly and annual financial statements to Danske.

Mylan is a global pharmaceutical company based in Hatfield, England.


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