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Investors increase leverage at healthcare company

A private equity-led consortium of investors has been able to significantly raise the amount of debt in a healthcare company without needing to change the existing debt structure, in a rare example of buyout firms increasing leverage at a portfolio company.

In a deal led by the private equity arm of Bank of America Merrill Lynch, the consortium was able to tap the debt markets to raise additional money for healthcare company, Euromedic.

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