Indivior readies launch of $800 million credit facility for Thursday

By Sara Rosenberg

New York, Feb. 10 – Indivior plc is scheduled to hold a bank meeting at 10:30 a.m. ET in New York on Thursday to launch an $800 million senior secured credit facility, according to a market source.

Morgan Stanley Senior Funding Inc. and Deutsche Bank Securities Inc. are the lead banks on the deal.

The facility consists of a $50 million revolver and a $750 million term loan B, the source said.

Indivior is a Richmond, Va.-based specialty pharmaceutical company focused on addiction and related mental health disorders.

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