NEW YORK (360Dx) – Unilabs announced on Friday that it has priced its offering of €155 million ($181.9 million) aggregate principal amount of its existing 5.75 percent senior notes due 2025. The Swiss firm upsized the offering, which is expected to close on Oct. 16, from a previous amount of €130 million.
The firm also upsized its €140 million term loan syndication to a new amount of €190 million. The syndication was originally launched on Sept. 29.
Proceeds from the offering and the loan will go toward financing recent acquisitions, and for general corporate purposes, including potential future acquisitions, Unilabs said.