MYX mayne pharma group limited

Ann: Appendix 3B-MYX.AX, page-2

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    Word is that MYX shopped around for a $400million loan to finalise the Teva acquisition and 4 banks were interested. Westpac is reported to be the bank to arrange the facility.
    The loan has two tranches 3 years and 5 years.
    Margins are LIBOR + 1.60% and LIBOR+ 1..90% for 3 year tranche and 5 year tranche respectively.
    Pretty tight margins I would say.
 
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