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Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

Apotex Health Corp. (TSX: APTX) announced the completion of an amended and restated credit agreement after receiving an inaugural BBB (low) investment-grade issuer rating from Morningstar DBRS, according to a press release dated July 16, 2026.

The amended credit agreement includes updated pricing and fees that reflect the new investment-grade rating, resulting in lower borrowing costs for the Toronto-based pharmaceutical company. The agreement also provides covenants offering greater operational flexibility.

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex gets BBB (low) rating, revises credit deal with $1.2B facility

Thu, 16 Jul 2026 15:30:11 -0400

The credit facility includes term loan facilities and a revolving credit facility with a total capacity of $1.2 billion. The Bank of Nova Scotia serves as administrative agent, with The Bank of

Apotex Receives Investment Grade Issuer Rating from Morningstar DBRS and Announces Amended & Restated Credit Agreement