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Curium launches $1.07 billion term loan at SOFR plus 400-425 bps
By Sara Rosenberg
New York, March 18 – Curium held a lender call at 11 a.m. ET on Monday to launch a $1.065 billion term loan B due July 2029 that is talked at SOFR plus 400 basis points to 425 bps with a 0% floor and a par issue price, according to a market source.
JPMorgan Chase Bank is the lead on the deal.
Proceeds will be used to reprice an existing term loan B down from SOFR plus 450 bps with a 0% floor.
Curium is a nuclear medicine company with headquarters in London and Paris.
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