Skip to main content
Premium Trial:

Request an Annual Quote

Thermo Fisher Scientific Enters Bridge Credit Agreement for up to €9.25 Billion

NEW YORK – Thermo Fisher Scientific said on Thursday that on April 17, it entered into a bridge credit agreement with JPMorgan Chase and Morgan Stanley Senior Funding for up to €9.25 billion ($9.96 billion).

The company had announced on March 3 that the lenders had committed to the debt financing in connection with its proposed acquisition of Qiagen.

Under the terms of the agreement, Thermo Fisher is obtaining a 364-day senior unsecured bridge loan facility in the principal amount of up to €9.25 billion. Loans under the agreement will be available to fund the purchase of equity securities of Qiagen and to pay all or a portion of the cost incurred in connection with this.

Thermo Fisher can draw on the funds on the closing date of the acquisition and again within 120 days after the closing date.

The Scan

Interfering With Invasive Mussels

The Chicago Tribune reports that researchers are studying whether RNA interference- or CRISPR-based approaches can combat invasive freshwater mussels.

Participation Analysis

A new study finds that women tend to participate less at scientific meetings but that some changes can lead to increased involvement, the Guardian reports.

Right Whales' Decline

A research study plans to use genetic analysis to gain insight into population decline among North American right whales, according to CBC.

Science Papers Tie Rare Mutations to Short Stature, Immunodeficiency; Present Single-Cell Transcriptomics Map

In Science this week: pair of mutations in one gene uncovered in brothers with short stature and immunodeficiency, and more.