News
ODDO BHF Corporate Finance arranges a €135m Euro PP bond issue for Cegedim
Cegedim
announces the setting up of a new financing structure for a total amount of
€200m.
- It
consists of a €135m Euro PP bond issue with a maturity of 7 years,
arranged by ODDO BHF, that
allows Cegedim to extend its debt maturity profile and diversify its
financing sources. Proceeds from the bond issue, maturing in October 2025,
were used to refinance the existing syndicated loan.
- This transaction is combined
with a syndicated loan of €65m maturing in October 2023 from
the Group's long-standing banks.
Founded
in 1969, Cegedim is an innovative technology and services company in the field
of digital data flow management for healthcare ecosystems and B2B, and a
business software publisher for healthcare and insurance professionals. Cegedim
employs more than 4,200 people in more than 10 countries and generated revenue
of €457 million in 2017.
Read
more about ODDO BHF Corporate Finance’s expertises
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