Pharma: Other News To Note
Monday, August 5, 2013
Actavis Inc., of Parsippany, N.J., said Actavis Ltd., Bank of America N.A., as administrative agent, and a syndicate of banks participating as lenders have entered a new senior unsecured term loan credit and guaranty agreement, pursuant to which the lenders party to the agreement will provide loans, on the closing date of Actavis' proposed acquisition of Warner Chilcott plc, of Dublin, to certain entities of Warner Chilcott in an aggregate amount not to exceed $2 billion, comprising a $1 billion three-year tranche and a $1 billion, five-year tranche.
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