Grifols In Talks to Refinance Debt, Credit Line, CEO Says [Yahoo! Finance]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
Company Research
Source: Yahoo! Finance
line — together about €1.4 billion ($1.48 billion) — as it seeks to quell investor concerns about its ability to meet obligations. Most Read from Bloomberg In Traffic-Weary Toronto, a Battle Breaks Out Over Bike Lanes In Italy's Motor City, Car-Free Options Are Growing New York City's ‘Living Breakwaters' Brace for Stormier Seas In Kansas City, a First-Ever Stadium Designed for Women's Sports Takes the Field “Plan A is to refinance” the €370 million in bonds due in 2025, Chief Executive Officer Nacho Abia told Bloomberg in a phone interview Thursday. “We could look at repaying it with our cash flow, but we don't want to be too tight.” The drugmaker is also in talks about extending a €1 billion revolving credit facility due in November 2025, he said. A world leader in making medicines from blood-plasma to treat illnesses such as hepatitis, Grifols is rushing to put its house in order as the spotlight returns to its financial situation after Brookfield Asset Management on
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