Banks to Pitch Roughly €11 Billion Buyout Debt for Grifols
- Lenders expected to submit best and final offers next week
- Takeover deal likely to rank among biggest in Europe this year
This article is for subscribers only.
Banks are getting ready to submit final offers to Brookfield Asset Management for a debt package of about €11 billion ($11.6 billion) to back the take-private of Spanish pharmaceutical producer Grifols SA.
Lenders are preparing to send final proposals next week, with the expectation that a bank group will be appointed by the end of the month, according to several people familiar with the process, who asked not to be named because the matter is private.