Amplifon signs €1.35 billion senior loan to fund GN Hearing acquisition
The loan, with a 24-month term, was arranged by leading banks and will support the cash component.
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Global retail hearing care provider
amplifon.comLast updated
In short: Amplifon agreed to acquire GN Hearing for €2.3 billion, funding the deal through a €1.35 billion loan and a successful €453 million capital increase.
The loan, with a 24-month term, was arranged by leading banks and will support the cash component.
The accelerated bookbuild offering was multiple times oversubscribed, raising €453m from 45.3M new shares.
The company will offer up to 45,300,000 new ordinary shares through a private placement reserved for qualified investors, launched via an accelerated bookbuilding.
The acquisition is highlighted in a Forbes article by Bill Schiffmiller.
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