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BRIEF-Concordia International announces cross currency swap agreement

Published 2016-08-15, 01:19 p/m
© Reuters.  BRIEF-Concordia International announces cross currency swap agreement
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Aug 15 (Reuters) - Concordia International Corp CXR.TO

* Concordia International Corp. announces cross currency swap agreement

* Pay fixed GBP/receive fixed USD cross currency swap has notional amount of $382 million

* Pay fixed GBP/receive fixed usd cross currency swap effectively converts some of co's usd debt obligations into GBP obligation of GBP 297 million

* Says maturity date of swap agreement is April 15, 2023

* "Believes that swap agreement will further align its british pound-sterling earnings and strong free cash flow with its debt obligations" Source text for Eikon: ID:nPn2sbmkNa Further company coverage: CXR.TO

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