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Grunenthal repays €75 million Schuldschein facility
By William Gullotti
Buffalo, N.Y., April 19 – Grunenthal GmbH refinanced €75 million of promissory notes, according to a press release on Wednesday.
The company’s €300 million issue of 6¾% seven-year secured notes partially funded the transaction, which repaid its Schuldschein facilities.
The global pharmaceutical company is based in Aachen, Germany.
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