debt
confidence high
sentiment positive
materiality 0.55
Avantor refinances €374M euro term loans, reducing interest spread by 50 bps to 2.00%
Avantor, Inc.
- Obtained €374,208,296.62 in Incremental B-7 Euro Term Loans, replacing existing B-6 Euro loans.
- Interest rate reduced from EURIBOR + 2.50% to EURIBOR + 2.00% per annum.
- Maturity unchanged at October 9, 2032; loans are senior secured and guaranteed by same subsidiaries.
- Prepayment premium of 1.00% applies if refinanced within six months of July 14, 2026.