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PNC, Fifth Third provide Meridian Bio with up to $125mm in debt facility

Executive Summary

PNC Bank and Fifth Third Bank are providing Meridian Bioscience Inc. with a $125mm revolving line of credit to help fund its concurrent acquisition of GenePOC Inc., a Canadian developer of molecular diagnostics for infectious diseases.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement
    • Nonconvertible Debt

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