FLASH: Stallergenes secures €50M credit

Stallergenes Greer plc a biopharmaceutical company specializing in treatments for respiratory allergies, today announced it secured a 50 million Euros revolving credit.

The company said that the credit- subject to customary closing conditions – will take the form of a revolving credit line composed of one single tranche, provided by UBS Switzerland AG.

The facility will be used for general corporate purposes.

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