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Grifols Private Debt Deal; May-25 Bond To Be Repaid, Leaves Feb-25 Event

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Grifols signs private debt deal to refi EUR1bn ’25 bond, still leaves EUR800m refi event in Feb-25.


  • BBG is reporting Grifols has signed a EUR1bn private debt deal which it is going to use to repay the May-2025 bond (GRF 3.2 05/01/25).
  • There remains one other refi event next year (GRF 1 5/8 02/15/25) at slightly over EUR800m. We presume mgmt is hanging on for the S-RAAS deal to close to refinance this.

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