corporate investment

Magna Pharmacia Expands Bank Financing as Healthcare Distribution Group Exceeds €250 Million in Revenue

Serbian medical technology distributor Magna Pharmacia has secured expanded bank financing as its parent, Magna MedTech Group, continues to build a healthcare distribution business with annual turnover above €250 million across Southeast Europe. A consortium of European banks led by Czech lender Česká spořitelna increased existing credit facilities for Magna Pharmacia and arranged new financing for Magna MedTech Group. International law firm CMS advised the lenders on the two cross-border arrangements. The transaction values, maturities, interest rates and collateral arrangements…