The acquisition will see the majority of Stada’s debt stay in place due to a so-called portability clause. — Bloomberg
LONDON: Goldman Sachs Asset Management and KKR & Co are among lenders providing around €1.4bil of one of the most expensive types of debt to back CapVest Partners’ acquisition of a majority stake in German drugmaker Stada Arzneimittel AG.
Canadian pension fund PSP Investments and London-based Arcmont Asset Management are also among lenders, according to sources.
