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Published on 4/19/2023 in the Prospect News Liability Management Daily and Prospect News Private Placement Daily.

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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