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Fresenius Medical Care to pay down term loan debt with notes proceeds
By Sara Rosenberg and Paul A. Harris
New York, Jan. 17 - Fresenius Medical Care AG & Co. plans on repaying term loan borrowings using proceeds from a $1.2 billion and €250 million senior unsecured notes offering, according to a market source.
Remaining proceeds will be used for acquisitions, including the purchase of Liberty Dialysis Holdings Inc., and for general corporate purposes.
Fresenius is a Bad Homburg, Germany-based provider of products and services for individuals undergoing dialysis.
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