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Cerba Bank Debt for Sale as $5.8 Billion Restructuring Progresses

Source: Bloomberg

Credit & Bond MarketsM&A & RestructuringHealthcare & BiotechPrivate Markets & Venture

A portion of Cerba Healthcare’s revolving credit facility is reportedly being offered for sale as the EQT AB-backed laboratory operator approaches court-supervised restructuring. The company is seeking to address a €5 billion ($5.8 billion) debt burden, signaling elevated creditor risk and likely pressure on the value of its debt instruments.

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